$JUP /USDT (Jupiter) Analysis – 1H Chart
🔹 Current Price: $0.7654 (-1.48%)
🔹 Exchange: Binance
⏳ Timeframe: 1H Chart
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📌 Key Levels:
Support: $0.7500 - $0.7600
Resistance: $0.8000 - $0.8200
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📉 Bearish Scenario (Short Setup)
$JUP/USDT is in a strong downtrend, forming lower highs and lower lows.
Short Entry: $0.7700 - $0.7800
Take Profit Targets:
TP1: $0.7500
TP2: $0.7200
TP3: $0.7000
Stop Loss: Above $0.8000
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📈 Bullish Scenario (Long Setup)
A potential bounce from $0.7500 support could lead to a short-term recovery.
Long Entry: $0.7500 - $0.7650
Take Profit Targets:
TP1: $0.8000
TP2: $0.8200
TP3: $0.8500
Stop Loss: Below $0.7400
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🔎 Market Insight:
🚨 $JUP is showing weakness and struggling to find a bottom.
⚠️ If the price breaks below $0.7500 support, expect further downside movement towards $0.7000.
📊 A reversal would require strong volume confirmation above $0.8000.
📢 Note:
⚠ Disclaimer: Trading involves risk, and all responsibility lies with you. Always analyze the market thoroughly before making any decisions!
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