$JUP /USDT – Rejection Brewing Below Resistance? 🚨
Current Price: $0.4834 (+4.63%)
Stalling After a Strong Push:
$JUP surged with strength but is now struggling to push past the $0.49 resistance. Sellers are stepping in at each attempt.
Key Levels:
• Resistance: $0.4900
• Support: $0.4750 / $0.4600
• 24H High/Low: $0.4909 / $0.4509
Short Trade Setup (Rejection Play):
• Entry Zone: $0.4840 – $0.4880
• Targets:
◦ TP1: $0.4750
◦ TP2: $0.4670
◦ TP3: $0.4600
• Stop Loss: $0.4925
Market Insight:
Price is forming a potential lower high after being unable to break $0.49 decisively. Watch for a breakdown below $0.480 for confirmation.
Pro Tip:
Wait for a bearish engulfing candle or failed retest of $0.486 to catch the short entry with momentum.
CTA:
$JUP looks like it's losing steam! This could be your short setup—trade the rejection and manage your risk tight!
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