🚀 JUP Breakout Watch: Holding Daily 50-EMA — potential breakout big rally ahead!!
➡️ Jupiter (JUP/USDT) is showing strong structure as it holds above the daily 50-EMA, signaling bullish momentum. We’re closely tracking a potential breakout from an inverted Head & Shoulders pattern — a classic bullish reversal sign.
🚨 Plan:
🔵 Buy zone: $0.5600–$0.5700
-Breakout confirmation: Wait for a candle close above $0.6169
-Retest entry: On successful breakout, watch for a retest near neckline
🟢 Target profit : $0.9000
🔴 Invalidation: Breakdown below $0.5279 = cut risk
⚠️ Caution: Watch for fakeouts — they’re common around major resistance zones. Use proper risk management and avoid overleveraging.