The meme token Jupiter (JUP) has recently gained strong momentum, capturing the attention of traders and analysts alike. After a sharp 18% surge on May 26, 2025, JUP finally broke through the long-standing resistance at $0.585 — a level that had repeatedly rejected the token in the past.
But this wasn't just a typical resistance breakout. The move also confirmed an inverted head and shoulders pattern, a classic signal of a bullish reversal and the potential start of a new uptrend.
📈 Traders Bet Big — Hoping the Momentum Holds
According to data from Coinglass, traders opened $4.93 million worth of long positions around the $0.578 level, which now appears to be a strong area of interest. In contrast, short positions worth $691,000 have formed around $0.626, suggesting that most of the market is leaning bullish.
So far, there are no signs of a significant shift in sentiment — traders have not begun exiting in large numbers or shorting aggressively.
🧠 Analysts See $1 Target in Sight
Following the breakout, one respected crypto analyst highlighted a clear shift in market mood, stating that JUP may soon reach the $1 milestone.
At the time of writing, JUP is trading around $0.61, up over 18% in the past 24 hours. Trading volume has skyrocketed 185%, signaling growing interest from investors and traders.
💸 DeFi Ambitions Boost Confidence: Jupiter Lend on the Way
JUP’s bullish outlook is further supported by news that the team is preparing to launch Jupiter Lend, a decentralized lending platform aimed at expanding the project’s presence in the DeFi sector.
Reports suggest Jupiter has been working for weeks on strengthening its credit offerings and is actively collaborating with Fluid to challenge established DeFi lending protocols.
📉 Some Investors Take Profits Amid Rally
Despite the bullish momentum, some long-term holders took advantage of the price spike to realize gains. On-chain analytics reveal that around $3.77 million worth of JUP tokens were recently sent to exchanges — a move often associated with potential sell pressure.
This activity has raised questions: Can JUP sustain its rally, or is a pullback imminent?
📊 Key Levels to Watch
Daily chart analysis shows JUP has broken through both horizontal resistance and the neckline of the inverted head and shoulders pattern. If the token closes a daily candle above $0.61, it will confirm a breakout and pave the way for further upside.
Forecast scenarios:
🔹 Bullish case: If momentum holds, JUP could climb toward $1. The $0.76 area may act as a short-term resistance during that move.
🔹 Bearish case: If support fails and JUP drops below the breakout zone, the price could fall back to $0.468, marking a 15% decline.
#jupiter , #JUP , #CryptoMarket , #CryptoNewsCommunity , #CryptoPredictions
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“