$JUP

USDT BEARISH MOVE IN PLAY – SHORT SETUP ACTIVATED

The recent rejection from the upper resistance zone has triggered a sharp bearish sentiment on $JUPUSDT. Price failed to sustain above 0.4650 and formed a strong reversal pattern, indicating sellers’ dominance in this region.

🔑 Key Levels:

Resistance: 0.4650 – 0.4700 (strong rejection zone)

Support: 0.4444 (potential target zone)

Current Price: 0.4592

📊 Trade Setup (Short):

Entry Zone: 0.4590 – 0.4620

Take Profit: 0.4444

Stop Loss: 0.4655

📉 Market Outlook:

The bearish momentum remains strong as the pair continues to respect the descending trendline. If the price stays below the resistance zone, we expect continuation towards the support near 0.4444 with high selling pressure visible on lower timeframes.

⚠️ Risk Management:

Always maintain strict discipline by risking only 1-2% of your capital per trade to protect from unexpected market reversals.

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buy and trade here on $JUP