📢 New position opened in $JUP – Long swing

In 1D, JUP confirms structural change with BOS and clear chocks, coming out of higher lows after the LL at $0.30 and HL at $0.40. The recent breakout above $0.48 confirms HH.

In 45 minutes, the pattern is clean: HL-HH-HL sequence with consolidation above EMAs 50/100. The last impulse drove the price to $0.596 and is currently forming a continuation structure.

MACD MTF crossed upwards on the daily with a strong positive slope, although it is starting to show slight deceleration in 45m.

💧 Volume and dynamics

Volume has been increasing since May 8, with a spike during the breakout of $0.50. Retracement from $0.596 with less selling pressure and good absorption above $0.54.

In 1D, buying volume supports the ascending sequence. MACD histogram maintains growing positive bars on the daily, indicating current momentum.

Very high liquidity concentration above. Key zones:

$0.63–$0.66: first cluster.

$0.75–$0.79: intermediate with moderate volume.

$0.87–$0.92: large accumulation of liquidations. Final interest zone (target TP3).

Below, liquid support between $0.49–$0.52, which protects against mild retracements.

🧬 Fundamentals and context

#Jupiter remains one of the pillars of the Solana ecosystem as a liquidity aggregator and advanced DEX platform.

High FDV ($5.56B), but current circulating supply is moderate (29%) with high retail adoption. Several unlocks occurred without significant pressure. Market cap of $1.6B keeps it within the top 60, with no signs of extreme overextension.

Narrative: speculation on alternative DEXs outside of Ethereum and capital rotating to Solana. Strong community presence. #Binance

🟢 (swing-trade)

📍 Entry: $0.555 (or current)

🛑 SL: $0.478 (below HL in 1D)

🎯 TP1: $0.63

🎯 TP2: $0.76

🎯 TP3: $0.89

📊 R/B: 1.5 (TP1) | 3.2 (TP2) | 4.6 (TP3)