$JUP /USDT – Bear Flag Breakdown Confirmed! 🚨
Current Price: $0.4825 (-3.11%)
$JUP continues its downtrend, firmly respecting the descending trendline. Multiple rejections near $0.49–$0.495 confirm seller dominance and a strong bearish grip.
Resistance Zone:
$0.4900
$0.4950 (trendline resistance)
Support Levels:
$0.4790 (24H low)
$0.4700 (next key support zone)
Short Trade Setup:
Entry Zone: $0.4830 – $0.4880
TP1: $0.4720
TP2: $0.4650
Stop Loss: $0.4980
Market Insight:
The price has formed lower highs with no significant bullish volume. Downward pressure remains high as sellers defend every bounce.
Pro Tip:
Use a tight stop-loss. A break below $0.479 could trigger a fast drop toward $0.46. This is a clean continuation pattern for trend followers.
Momentum favors the bears – don’t miss this shorting opportunity!
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