Market Overview for Jito (JTOUSDT) – 2025-08-25

• Jito (JTOUSDT) fell to a 24-hour low near $1.84 before a late-day rebound suggests bearish momentum but potential short-term buying interest.
• Volume spiked during the midday decline, but price failed to retest the $1.95 high, indicating limited bullish conviction.
• A doji at $1.843 and a bullish engulfing pattern near $1.857 suggest key support and potential reversal points.
• RSI remains in oversold territory, hinting at a possible rebound, but MACD shows fading momentum.
• Volatility expanded during the midday selloff, with Bollinger Bands widening past 2σ, signaling increased market uncertainty.

Jito (JTOUSDT) opened at $1.935 on 12:00 ET-1 and closed at $1.863 by 12:00 ET, with a high of $1.982 and a low of $1.835 during the 24-hour period. Total volume traded was 1,291,863.7, and notional turnover reached approximately $2,528,663.

Structure & Formations

The price of Jito (JTOUSDT) traced a bearish channel over the 24-hour period, with key support forming around $1.84–1.86 and resistance at $1.95–1.98. A notable bearish pattern occurred on the 15-minute chart at 1945 ET with a large candle printing a high of $1.979 and a low of $1.897, followed by a doji at $1.843 later in the day—suggesting exhaustion among sellers.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs trended downward, reinforcing the bearish bias. The 50-period line crossed under the 200-period line earlier in the day, hinting at a short-term bearish crossover. Daily moving averages show the 50/100/200-period lines all converging in a descending pattern, supporting a continuation of the broader bear trend.

MACD & RSI

The MACD line crossed under the signal line midday and remained negative for most of the session, signaling weak bullish momentum. RSI dropped into oversold territory around 15:00 ET at 28 and failed to rebound above 35 by close, indicating potential for a near-term bounce. However, the divergence between RSI and price suggests momentum remains on the bear side.

Bollinger Bands

Volatility expanded significantly during the midday sell-off, with Bollinger Bands widening past 2σ. The price closed near the lower band at $1.86, which may offer temporary support. The contraction seen during early morning hours suggests a period of consolidation before the explosive move downward.

Volume & Turnover

Volume spiked during the major selloff at 1945 ET and again in the early morning hours, with notional turnover reaching a peak of $1.9 million. The divergence between volume and price during the late morning rebound—where price rose but volume remained low—suggests the rally lacks broad market conviction.

Fibonacci Retracements

Fibonacci levels on the recent 15-minute swing from $1.98 to $1.84 identified 61.8% at $1.87 and 38.2% at $1.91 as key psychological levels. The price appears to have found support near the 38.2% retracement at $1.85–1.87 during the late session, which may offer a short-term floor.

With bearish momentum intact and key Fibonacci levels in focus, Jito could test $1.80 in the next 24 hours if the selloff continues. However, the late-day consolidation and RSI divergence hint at possible near-term stabilization. Investors should monitor volume during any upward bounce, as confirmation or rejection will help define the next phase.