$JUP /USDT (LONG) TRADE SETUP & ANALYSIS
Bullish Continuation Play:
Entry: On minor pullback to $0.59–$0.60 or breakout above $0.65.
Target 1: $0.70
Target 2: $0.75
Stop-loss: Below $0.50
Strong Bullish Momentum:
Price has surged over +10%, breaking past previous resistance near $0.56–0.58.
Clean breakout with strong green Heikin Ashi candles and volume likely behind the move.
Support Zones:
Immediate support at $0.55 (green line / previous breakout area).
Stronger support at $0.50 where trendline and horizontal levels converge.
Resistance Ahead:
Next key resistance is around $0.65 (as seen from previous peaks).
Break above $0.65 could open room for $0.70 and beyond.
Trend Confirmation:
Higher lows and higher highs are forming — classic uptrend.
Moving averages flipped bullish; green support EMA is trending up.
Caution: Watch for rejection at $0.65. If price closes below $0.55 with volume, short-term correction may begin.
Trade $JUP