A sharp turn lower for several trending altcoins – Jito (JTO), TRUMP, Toncoin (TON), and Corite (CO) – has hit the market lately. The sudden drop across these tokens has left investors weighing whether it’s time to buy the dip or exit before prices fall further. While market-wide unease prevails, some indicators hint at potential accumulation on certain assets, while others show growing downside risks.
Jito took a blow, falling 4.28% in 24 hours, now trading around $1.60. It opened the day near $1.67 and briefly peaked before sliding into a steady decline. A daily low of $1.53 acted as a safety net, attracting buyers and slowing the drop.
The $1.53 support level remains critical. A firm hold above this price suggests buyer confidence. Immediate resistance, however, appears at $1.65 and the previous high near $1.6738, potentially lim…
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