$JUP **$JUP/USDT - BULLISH REVERSAL IN PROGRESS!**
Price is holding strong at **$0.5606 (+2.64%)** after bouncing from key support. The RSI(6) at **53.99** shows room for upward momentum.
**TRADE IDEA (LONG):**
šÆ **Entry Zone:** $0.5580 - $0.5620
š **Targets:** $0.5755 (24H high) ā $0.6000 psychological level
ā **Stop Loss:** $0.5480 (below recent swing low)
**KEY LEVELS:**
- **Immediate Support:** $0.5500
- **Strong Support:** $0.5089 (24H low)
- **Resistance Levels:** $0.5755 ā $0.6000
**WHY THIS SETUP WORKS?**
ā Bouncing from daily support with increasing volume
ā RSI neutral (53.99) - room for upward movement
ā DeFi sector showing strength
**VOLUME ANALYSIS:**
- Current volume: 655,167
- 5D MA volume: 130M (potential accumulation phase)
**RISK WARNING:**
Watch Bitcoin's movement and overall market sentiment. A break below $0.5480 would invalidate this setup.
#JUP #DeFi #CryptoTrading #Altcoins #USDT #SwingTrade
#Crypto #Bullish
(Note: Always do your own research and manage risk appropriately. This is not financial advice.)