$JUP /USDT +7.57% – Bounce in Motion, But Below Key Resistance
Jupiter (JUP) is trading at $0.4759, up +7.57%, after rebounding from $0.4406 and hitting a 24h high of $0.4784. While momentum is positive, price remains below all major moving averages:
MA(7): $0.4818
MA(25): $0.5273
MA(99): $0.4880
This places JUP in a relief rally zone, not yet a confirmed reversal. A breakout above $0.4880–$0.5273 is critical to shift mid-term momentum bullish. If successful, next targets lie at $0.5480 and $0.6281. On the downside, watch support at $0.4600 and $0.4400. MACD and RSI are likely recovering, hinting at short-term bullish potential. Bulls need a clean reclaim of the 7-day and 99-day MAs to gain real traction.