$JUP

Here is a concise analysis of Jupiter (JUP) based on today's (2025-08-29) data:

🪙1. Current Price & Performance

· Price: $0.5384 , up 5.8% in the past 24 hours .

· 24h Range: $0.5087 - $0.5374 .

· Weekly Performance: Up 9.6% .

📊2. Technical Indicators

· Summary: Strong Buy signals from moving averages and technical indicators .

· RSI (14): 64.2 (indicating bullish momentum but not overbought) .

· MACD: Positive (+0.007), signaling upward momentum .

· Key Support: $0.51 - $0.54 (critical zone; break below could target $0.39) .

· Key Resistance: **$0.63** (break above could target $0.76 or higher) .

🔍3. Catalysts & Sentiment

· Jupiter Lend Launch: Private beta launched (Aug 6), with public release soon. This could boost demand for JUP .

· Token Unlock: 53.47M JUP ($27.5M) unlocked on Aug 28 was absorbed without significant sell pressure, indicating strong demand .

· Market Sentiment: Bullish due to product updates and resilient tokenomics .

⚠️4. Risks & Watchouts

· Volatility: High volatility (4.82% recently) is expected .

· Resistance Test: Failure to break above $0.63** could lead to a pullback toward **$0.39 .

· Market Dependency: Correlation with Solana (SOL) remains high; SOL's performance could impact JUP .

💎In short: JUP is showing bullish momentum today with strong technical signals and positive catalysts. However, watch the $0.63 resistance** and **$0.51 support levels for breakout or breakdown signals.