🚨 $JUP /USDT BREAK – URSOS IN TOTAL CONTROL
$JUP plummeted -12.98% in the last 24 hours, with the price collapsing to $0.4820, marking a new 24h low! This sharp decline follows a continuous sell-off, with bearish momentum dominating the market.
🔍 What is driving the decline?
A strong resistance at $0.5611 has led to strong rejections.
Selling pressure intensified after losing key support at $0.5000.
Volume spikes indicate aggressive selling, signaling additional downside risks.
📉 Key Levels to Watch
🔻 Support: $0.4750 – A break below this may accelerate the decline.
🔺 Resistance: $0.5100 – Bulls need to reclaim this level to slow down the selling pressure.
⚠️ Caution for Traders!
With extreme volatility at play, JUP remains at risk of further decline unless it can recover lost ground. If selling pressure continues, we could see another test of lower support levels.
💭 Are you buying the dip or waiting for confirmation? Let us know 👇
Final thoughts:
Do your own market study before making any purchases; it is a very volatile and unpredictable market. This is not financial advice.
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