ð JST is on the brink of a breakout from a descending channel pattern, setting up for potential bullish momentum.
ð Demand Zone: Currently, it's trading within a high-demand area, and the RSI is above 50, further reinforcing the bullish outlook.
ð Another key factor is that it's maintaining strong momentum above the 50-day Exponential Moving Average (EMA).
ð It's holding firm at a crucial support level of 0.01960. If the price breaks this support, it enters an invalidation zone where a significant downward move could occur.
ðIn the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey