🚀 JUP/USDT – Bounce From Support, Reclaiming Mid-Band

Current price: $0.5364 (–4.37%)

Price rebounded from $0.5300 and is now hovering above the mid Bollinger Band ($0.5352).

RSI(6) at 67.1 → building bullish pressure, approaching overbought.

🔍 Key Chart Insights:

MACD crossed bullish with green bars growing → upside momentum forming.

Volume steady, candles holding higher lows → bulls defending $0.53 zone.

Bollinger Bands slightly expanding → preparing for next volatility leg.

⚙️ Trade Setup

Entry Zone $0.5340 – $0.5370

Stop Loss Below $0.5290

Take Profit 1 $0.5435 (Bollinger upper band)

Take Profit 2 $0.5520 (next resistance zone)

✅ Strategy Summary

Setup favors scalpers and short-term bulls if $0.534 support holds.

Break above $0.5394 = confirmation of upward continuation.

RSI nearing overbought → expect resistance near $0.544.

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