$JUP / USDT – Bear Flag Breakdown Confirmed! 🚨
Current Price: $0.4825 (-3.11%)
$JUP remains in a clear downtrend, consistently respecting the descending trendline. Multiple rejections around $0.4900–$0.4950 underscore strong seller control.
🔻 Resistance Zones:
• $0.4900
• $0.4950 (trendline resistance)
🔽 Support Levels:
• $0.4790 (24H low)
• $0.4700 (next key zone)
📉 Short Setup:
• Entry Range: $0.4830 – $0.4880
• TP1: $0.4720
• TP2: $0.4650
• Stop Loss: $0.4980
📊 Market Insight:
Price action shows a series of lower highs with weak bullish momentum. Sellers are aggressively defending every bounce, keeping downward pressure high.
💡 Pro Tip:
Use a tight stop-loss. A break below $0.479 could accelerate the drop toward $0.46. This setup presents a textbook continuation pattern—ideal for trend followers.
📌 Bearish momentum remains dominant. A solid shorting opportunity for those ready to act.
