Mastering Crypto
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$JUP is currently in a strong uptrend, supported by increased volume and positive market sentiment. However, traders should watch for potential consolidation or pullbacks near resistance levels, especially if volume declines. A decisive move above $1.2800 could confirm the continuation of the bullish trend.
Support & Resistance Levels:
Immediate Support: $1.1109 (aligned with MA 25).
Major Support: $0.9938 (aligned with MA 99 and the previous accumulation phase).
Immediate Resistance: $1.2200 (aligned with MA 7).
Key Resistance: $1.2800 (recent high).
Trading Outlook:
Bullish Case:
If JUP/USDT breaks and sustains above $1.2200, it could retest the $1.2800 level. A breakout above this resistance might lead to further gains, potentially targeting $1.35 or higher.
Bearish Case:
A rejection at the $1.2200 level could lead to a pullback toward the $1.1109 support. If this level fails, the price may test $0.9938.
#BTCNextATH #AnimecoinOnBinance
Support & Resistance Levels:
Immediate Support: $1.1109 (aligned with MA 25).
Major Support: $0.9938 (aligned with MA 99 and the previous accumulation phase).
Immediate Resistance: $1.2200 (aligned with MA 7).
Key Resistance: $1.2800 (recent high).
Trading Outlook:
Bullish Case:
If JUP/USDT breaks and sustains above $1.2200, it could retest the $1.2800 level. A breakout above this resistance might lead to further gains, potentially targeting $1.35 or higher.
Bearish Case:
A rejection at the $1.2200 level could lead to a pullback toward the $1.1109 support. If this level fails, the price may test $0.9938.
#BTCNextATH #AnimecoinOnBinance
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