$JUP
USDT is showing signs of a potential bullish reversal from the current support zone. Price has tapped into the demand area near 0.4501 - 0.4516 and is reacting with a bullish candle, indicating buyers stepping in for a possible intraday rally.
🔑 Key Levels:
Support: 0.4501 – 0.4516 (current price zone)
Resistance 1: 0.4679
Resistance 2 (Target High): 0.4712
Current Price: 0.4516
🎯 Trade Setup (LONG):
Entry: 0.4510 – 0.4516
Take Profit 1: 0.4679
Take Profit 2: 0.4712
Stop Loss: 0.4469
📈 Market Outlook:
The market is currently in a local downtrend but has reached a strong previous demand zone. If price holds above 0.4500 and breaks the minor resistance around 0.4550, we can see momentum accelerating towards the target levels.
⚠️ Risk Management:
Always risk only 1-2% of your capital per trade. Wait for confirmation candles or volume spikes before entering to avoid fakeouts.
buy and trade here on $JUP
🔥 Comment 🚀 if you’re taking this bullish setup!
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