$JUP /USDT – Bullish Breakout with Strong Momentum
Current Price: $0.5747 (+6.74%)
24H Range: $0.5089 – $0.5755
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📊 Market Analysis:
• Price broke out of a recent consolidation range.
• A strong bullish engulfing candle indicates momentum is building.
• Currently testing the 24H high with increasing trading volume – a positive sign for continuation.
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🔍 Key Technical Levels:
• Resistance: $0.5755 → Watch for a breakout with volume to confirm a bullish continuation.
• Support: $0.5500 → Potential retest area if price pulls back.
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🧩 Trade Plan:
• Entry Range: $0.5580 – $0.5740
• Target 1 (TP1): $0.5900
• Target 2 (TP2): $0.6180
• Stop Loss (SL): $0.5450
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💡 Technical Tip:
If the price breaks above $0.5755 and holds it as new support with strong volume, we could see a sharp move toward $0.60+.
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Watch $JUP closely — the breakout structure and volume suggest it’s gaining momentum.
click to trade : $JUP