$JUP /USDT โ Strong Breakout with Momentum๐ค๐๐
Current Price: 0.610
Timeframe Observed: 15min | 1H | 1D
Trend Bias: Bullish
Trade Duration: Short-Term (Scalp/Intraday)
Technical Overview:๐
$JUP is showing solid bullish continuation after a strong BOS (Break of Structure) and multiple CHoCHs across lower timeframes. Price is sustaining above all major EMAs (20/50/100), confirming a healthy upward trend. The 15m and 1H candles are forming higher highs and higher lows with consistent volume and momentum support.
Why Bullish?๐ค๐ฅ
Breakout from consolidation with clear structure flip
Strong EMA alignment with 20EMA riding price action
Stochastic RSI on 1H still hovering near overbought but not showing divergence
No strong supply zones immediately above until $0.66
Global sentiment on altcoins remains optimistic following $BTC and ETH stability
Strategy Plan:๐งโ๐ป
Entry Zone: 0.600โ0.605โ
Target 1: 0.628๐ฏ
Target 2: 0.648๐ฏ
Stoploss: 0.588โฃ๏ธ
Risk/Reward: 1:2+
Pro Tip:๐งโ๐ซ
Use trailing stop once price crosses 0.628 to secure partial gains and ride trend continuation.
๐Whatโs your take on this bullish structure? Are you already in the trade or waiting for a pullback? Drop your thoughts below and letโs strategize better together!
๐จโโค๏ธโ๐จโSuccess in trading isnโt about prediction. Itโs about preparation.โ
Disclaimer: โ ๏ธ
This is not financial advice. Do your own research before investing or trading.