Trade Strategy for $JUP /USDT
#possible_breakout_maybe_coming
Long Position (Buy Trade)
Entry Price: $0.9300 - $0.9350 (Near current support and MA(99))
Target Level: $0.9700 - $1.0000 (Previous resistance)
Stop Loss: $0.9100 (Below recent support level)
Key Breakout Level: $0.9670 (If broken, strong upside potential)
Short Position (Sell Trade)
Entry Price: $0.9350 - $0.9400 (If price faces rejection)
Target Level: $0.9100 - $0.8900 (Support zone)
Stop Loss: $0.9600 (Above recent resistance)
Key Breakdown Level: $0.9160 (If broken, further downside expected)
Key Notes:
Trend: Strong recent uptrend, but facing resistance near $1.00
Volume: Increased, indicating volatility
Risk Management: Maintain 2:1 risk-to-reward ratio
Confirmation Needed: Wait for a breakout/retest before entry
