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Jito (JTO) fell 2.34% to $0.607, underperforming a recovering crypto market.
The decline appears driven by profit-taking and technical rejection at a key resistance level following a recent rally. Trading volume jumped nearly 94%, suggesting strong selling activity as traders locked in gains.
There was no major news catalyst behind the move, with price action largely driven by chart dynamics and market positioning.
The key level to watch is $0.60. Holding above it could lead to a rebound toward $0.65, while a breakdown may open the door to a deeper pullback toward $0.55.

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