๐$JUP /USDT โ Bullish Setup in Action ๐ฅ๐ค๐๐
๐๏ธ "Jupiter is heating up again! After testing the upper resistance, JUP/USDT just gave a clean bounceโฆ but is a breakout coming next?"
๐ Current observed Price: $0.4950
๐ 24H Gain: +3.97%
๐ Timeframes Checked: 1H & 4H
๐๏ธ 1H CHART ANALYSIS๐
"Zooming into the 1-hour chart โ
The $JUP price pulled back to the $0.4831 support zone,
Touched the 50 EMAโฆ and bounced right back!
The RSI is at 53 โ thatโs a healthy sign of strength
And MACD? Just about to curve upward againโฆ
This tells us โ bulls are quietly loading."
๐๏ธ4H CHART SETUP๐
"Now shift to the 4-hour chart โ
Weโre still above the 20 & 50 MAโฆ
RSI is sitting at 55, showing ongoing bullish energy.
MACD is wide and holding a bullish crossover.
Thatโs momentum support!"
๐ฏ TRADE PLAN๐ฅ
โ Buy Zone: Between $0.4880 โ $0.4920
๐ฏ Target 1: $0.5095
๐ฏ Target 2: $0.5230
๐ Stop-loss: $0.4780 (just below 50 EMA)"
๐๏ธ Market Sentiment
"Volume is risingโฆ
Open interest is up from the last 24 hoursโฆ
And price is pressing near a breakout level.
This setup is bullish-biased, but remember โ confirmation is key."
๐ง โPatience in entries, precision in exits โ thatโs how pros play it.โ
โ ๏ธ Not financial advice. Always do your own research and manage your risk.