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Jito (JTO) drops 13.27% as traders reduce risk amid weakening market participation.

Technical Signals
29 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Jito (JTO) fell 13.27% with market cap dropping to $226.63 million and trading volume down 11.72%, reflecting cautious trader behavior. Both spot and derivatives markets saw reduced activity, with Open Interest in derivatives falling 20.18%, indicating traders are cutting leveraged positions amid uncertainty. Despite the decline, JTO remains within a broad consolidation range, supported by key mid-range levels and buyer interest. If support near $0.4019 holds, JTO could rebound toward liquidity clusters between $0.50 and $0.55; otherwise, prices may fall to lower demand zones within the range.

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