Market Overview: JUST (JSTUSDT) – 2025-08-25 24-Hour Technical Review

• Price surged from $0.03441 to $0.03894, forming bullish momentum with high-volume breakouts.
• A strong bullish engulfing pattern emerged near $0.03786, signaling potential continuation.
• MACD turned positive with strong histogram divergence, indicating reinforced buying pressure.
• Volatility expanded significantly during the afternoon, pushing price 1.6σ above the 20-period Bollinger Band mean.
• Total turnover exceeded $1.3B, with volume spiking 250% above average during the $0.03751–$0.03894 rally.

The JSTUSDT pair opened at $0.03441 and closed at $0.03631, reaching a high of $0.03894 and a low of $0.03429 over the 24-hour period. Total trading volume exceeded 249 million, with notional turnover surpassing $1.3 billion. The afternoon saw a sharp reversal and break above a key congestion zone, supported by a surge in buying interest.

Structure & Formations

A bullish engulfing pattern formed around $0.03786 after a brief consolidation phase, indicating a shift in sentiment. The price also tested and broke a prior high at $0.03894, suggesting that near-term resistance was cleared with strong conviction. Earlier in the day, a large bearish candle with a long lower wick suggested short-covering or buying support at $0.03445, forming a potential base for the rally.

Moving Averages

On the 15-minute chart, the price surged above the 20- and 50-period SMAs, reinforcing the bullish bias. The 50-period SMA crossed above the 100- and 200-period lines in the daily timeframe, suggesting a possible longer-term trend reversal. The current price sits well above all key moving averages, signaling strong near-term momentum.

MACD & RSI

The 15-minute MACD line crossed above the signal line and showed a strong positive histogram, indicating accelerating bullish momentum. RSI reached overbought territory near 78 during the afternoon high but did not show immediate signs of reversal. The divergence between the sharp price rise and a less aggressive RSI climb suggests caution, but it does not currently undermine the bullish case.

Bollinger Bands

Volatility expanded significantly during the afternoon, with price trading above 1.6 standard deviations above the 20-period Bollinger Band mean. This expansion came after a period of contraction in the morning, suggesting a breakout phase. Price remains above the upper band, indicating continued volatility and risk of a pullback.

Volume & Turnover

Volume spiked during the afternoon surge, with the $0.03751–$0.03894 move seeing the highest hourly volume. Notional turnover surged in line with price, showing strong alignment between volume and price action. A divergence emerged between late evening volume and price, with volume declining while price remained elevated, suggesting short-term consolidation may be in play.

Fibonacci Retracements

On the 15-minute chart, the move from $0.03445 to $0.03894 retraced to 61.8% at around $0.03686. The current close at $0.03631 is near the 50% retracement level, indicating potential for a continuation or test of prior support levels. Daily Fibonacci levels may offer near-term resistance at $0.03786 (61.8%) and support at $0.03610 (38.2%).

JUST (JSTUSDT) appears to have broken through a key resistance zone with strong volume and momentum. While the bullish case remains intact, the recent overbought conditions and divergences suggest a possible consolidation or pullback in the next 24 hours. Investors may want to monitor Fibonacci support levels and volume behavior for signs of continuation or reversal.