๐ฅ Free Trade Signal
๐ JUP/USDT (15-Minute Chart) Technical Analysis
Pattern Observed:
This chart shows a "Cup and Handle" pattern forming โ a bullish continuation pattern.
Cup Formation: Price dipped from 0.4457 to 0.4197, then gradually recovered, forming a rounded bottom.
Handle Formation: After reaching back near 0.4344, it's consolidating sideways slightly downward, forming the handle.
โ Bullish Pattern Confirmation
Volume is relatively healthy โ spikes during the rise support the pattern.
The price is approaching breakout zone (around 0.435โ0.437).
The cupโs resistance at 0.4457 is a key breakout level.
๐ฏ Next Targets (After Breakout)
1. Breakout Point: ~0.4457
2. Target 1 (Short-term): 0.4457 + (0.4457 - 0.4197) = 0.4717
3. Target 2 (Extended): 0.4750 โ 0.4800 (if bullish momentum continues)
๐ Invalidation (Bearish Risk Zone)
If price falls below 0.4260, pattern fails.
Below 0.4197, expect further downside.
๐ง Trade Plan (if breakout confirms)
Entry: Above 0.4460 (confirmed breakout)
Take Profit (TP): 0.4710 โ 0.4750
Stop Loss (SL): Below 0.4260
