$JUP /USDT – Strategic Short Trade Setup

Asset Class: DeFi | High Momentum

Market Sentiment: Overextended – Reversal Potential Detected

Current Price: $0.5479

Institutional Trade Insight

After a 13%+ intraday rally, JUP has entered a potential exhaustion zone. Price is testing upper resistance with weakening momentum. Institutions typically look for pullback entries near such spikes to capitalize on profit-taking corrections.

Execution Plan

Short Entry Zone: $0.5550 – $0.5650

Stop-Loss: $0.5820 (tight and disciplined risk control)

Take-Profit Levels:

TP1: $0.5250

TP2: $0.5100

TP3: $0.4880 (deep correction level)

Trade Rationale:

JUP has posted strong volume with diminishing buy pressure at the highs. Risk-reward favors short-term correction as institutions may unwind large positions into late retail euphoria.