💥$JUP /USDT Testing Support Amid -2.50% Dip!🔥
🌟Current Price: 0.4799 USDT (-2.50%)
🌟24-Hour High: 0.5097 USDT (Major resistance zone)
🌟24-Hour Low: 0.4784 USDT (Key support area)
Volume (24H):
🌟JUP: 25.37M
🌟USDT: 12.47M
⚡JUP is consolidating near its support, signaling potential for a reversal or further breakdown depending on momentum.
⚡Technical Insights 🔎
Bollinger Bands: Tightening, signaling lower volatility—prepare for a breakout move.
RSI: Drifting toward oversold territory—possible bounce ahead.
MACD: Mild bearish momentum—watch closely for crossover or strengthening bear signals.
Support Focus: 0.4784 USDT—key decision point for the next major move.
⚡Trading Setup 📝
🎖️Bullish Setup (Support Rebound)
👉Entry: Above 0.4820 USDT (validated rebound)
👇Take-Profit Targets:
🎯TP1: 0.4900 USDT
🎯TP2: 0.5000 USDT
💢Stop Loss: Below 0.4780 USDT
🎖️Bearish Setup (Support Breakdown)
👉Entry: Below 0.4780 USDT (confirmed breakdown)
👇Take-Profit Targets:
🎯TP1: 0.4700 USDT
🎯TP2: 0.4600 USDT
💢Stop Loss: Above 0.4820 USDT
⚡Risk Management Strategy ⚠️
Upon hitting TP1, move Stop Loss to Breakeven to eliminate risk.
Secure ~50% profits at first target; let the rest run toward extended targets.
⚡Key Takeaways ✍️
Volume Confirmation is crucial—act only on strong volume moves.
Resistance at 0.5097 USDT remains a major pivot zone if price rebounds.
Stay sharp during this low-volatility phase—tight setups, tight stops.
Disclaimer: #DYOR*
Buy Or Trade With Me On $JUP