⚠️ Is the JUP currency on the brink of collapse? Opportunity or trap? 💰🕵️♂️
After analyzing the Jupiter (JUP) chart on a 4-hour timeframe, we notice clear selling pressure and the levels indicate a short-term downward trend.
🔹 Critical support: $0.47
🔹 Strong resistance: $0.50
📊 Technical indicators:
⚡️ Moving averages show the continuation of the downward trend.
⚡️ The RSI indicator is approaching oversold territory, which may hint at a small rebound.
❌ Recommendation: Don’t rush to buy just yet! It’s better to wait for clear reversal signals or a break of resistance before entering.
💡 Expert note: The market is volatile, and JUP might surprise everyone. Technical analysis alone is not enough; follow news and events to avoid sudden losses!
📈 Share your opinion: Do you think JUP will break support or start a rebound? 💬
#JUP #JupiterAirdrop #JUPUSDT #FamilyOfficeCrypto #CryptoRally $JUP
