Price Position and Structural State
JUST (JST) closed at 0.09703 USDT on August 27, 2026, down 3.50%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.08889 USDT, with resistance near 0.11 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
JST is trading below short-term moving averages while still holding above longer-term support. MA50 at 0.102398 USDT may cap short-term recovery attempts, while MA100 at 0.094325 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
JST shows moderate trading friction, with a 3-day friction score of 62.4. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -3.89% in one day and remains near the lower side of its 30-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.036721%, with the 7-day average also negative at -0.025320%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 0.48, sitting near the lower side of its 180-day range at 9.32%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
JST shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.215 | -0.163 | 0.046 | Inverse linkage |
| 60D | -0.054 | -0.044 | 0.003 | Inverse linkage |
| 180D | -0.128 | -0.18 | 0.016 | Inverse linkage |
Momentum, Volatility, and Indicator Pressure
JST is showing wider movement, but participation is not fully backing it. ATR% reads 3.89, near the lower side of its full historical range, while Bollinger Band width% reads 12.35, near the lower side of its full historical range. 20-day Volume Z-score is 0.85, showing slightly above-normal participation.
Momentum is weaker. RSI is 36.77, ROC14 is -7.61%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. JST has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For JST, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.11 USDT establishes a bullish regime, while a daily close below 55-day support at 0.08757 USDT confirms a bearish regime.