Attention with $JUP /USDT, traders! 🚨 This pair is showing an interesting movement that we cannot ignore.
Currently, JUP is at $0.5574, with an increase of +5.79% in 24 hours. The day's maximum price was $0.5600, nearing a key resistance! If we look at the 15m chart, we see that it has had a bullish rally since the low of $0.5048. The moving averages (MA7 and MA25) are below the price, which is a good sign of short-term bullish momentum. The MACD also confirms this trend with a clear buy signal!
But, watch out for the money flow! 🧐 The 1-hour money flow analysis shows that most large orders are sell orders ($434,913.60), while large buy orders are significantly lower ($146,495.20). This could be a sign that the "big fish" are taking profits, which could lead to a pullback. The money inflow in 24h also shows a recent negative spike, indicating a significant capital outflow. We could be seeing manipulation here, with whales selling while the price rises!
The key now is to see if JUP can consolidate above $0.55. If it manages to maintain this level, we could see it targeting higher levels like $0.58 and even $0.60. However, a pullback to $0.52 or $0.50 could be a good entry opportunity for those looking for a pullback, as long as the volume supports it.
Patience will be key! Monitor closely the interaction between price and money flow. Don't get carried away by FOMO!
