The Jito (JTO) token surged 11% following an announcement that the project will build a new market layer on the Solana network. Analysis of order flow data indicates aggressive accumulation by large holders, supporting a breakout above the key $0.311 resistance. While heightened trading activity suggests overheating, the rally’s momentum puts a significant liquidity cluster near $0.50 in focus as a potential target.
The Jito token recorded an 11% daily surge, emerging as a top performer. The rally followed the project’s announcement to build a new market layer on the Solana network.
Order flow data indicated increased accumulation from large holders at the current trading range. These big orders could accelerate momentum as retail traders often follow visible strength.
Jito’s Spot Volume Bubble Map indicated overheating conditions at the time of writing. Trading activity intensified sharply as aggressive entries flooded the market.
The rally pushed Jito above the key $0.311 resistance level. This breakout confirmed a continuation of the bullish structure that resumed in early February.
A $304,000 liquidity cluster at around the $0.50 price level sets that zone as a key target. Liquidity clusters often act as magnets during trending conditions.
Momentum reflects fundamental catalysts and strong whale accumulation. Whether the rally extends depends on sustained volume and continued support.
