JST is currently experiencing a short-term uptrend, as indicated by its trading at $0.05 and a 3.76% rise in the last 24 hours. However, this trend is being threatened by the Supertrend bearish signal and BTC's downtrend, which could lead to potential pullbacks.
Technical indicators such as RSI (60.43) and MACD (bullish crossover completed) suggest a neutral-bullish momentum, but critical resistance at $0.05 and support at $0.0428 levels need close monitoring. The risk/reward ratio is around 1:2 based on the bearish target of $0.0329.
The main structural supports are identified at $0.0428 (score 88/100, strong), $0.0448 (80/100), and $0.0416 (63/100). On the resistance side, $0.0472 (69/100) and $0.0457 (65/100) are short-term barriers.
JST is highly correlated with BTC (+0.85), if BTC breaks $62k, JST likely to retreat to $0.0428. BTC recovery could trigger JST breakout; dominance rise brakes altcoin rally.