JUP Short-term Market Update
JUP has been stalling since it hit 0.6182; although the MACD is still strong, that high position hammer candlestick is quite concerning. A short-term pullback might be necessary for a washout.
Key focus: If it can strongly break through 0.6182, you can consider taking a small position to chase a short-term gain towards 0.6205; a drop back to around the 0.5799 mid-line would be a golden buying point.
Currently, the SOL ecosystem is heating up, and JUP definitely has potential for the medium to long term, but at this position, chasing high on contracts is risky. In a bull market, surviving longer is more important than making quick profits!
If you don’t know how to enter the market, feel free to call me!!
In the crypto space, choosing wisely is more important than hard work! Following the right people makes earning money a natural outcome!
