๐ป $JUP /USDT โ Blow-Off Top in Sight? Short Setup Unfolding! โ ๏ธ๐
$JUP just surged to $0.4312 before flashing a strong rejection wick, followed by a heavy red candle โ classic signs of buyer exhaustion. The 15M chart suggests a potential cooldown phase, creating a prime opportunity for a short pullback trade. ๐งจ๐
๐ Short Trade Setup:
โข ๐ป Entry Zone: 0.4220 โ 0.4260
โข ๐ฏ TP1: 0.4120
โข ๐ฏ TP2: 0.4045
โข ๐ฏ TP3: 0.3980
โข ๐ Stop Loss: Above 0.4325
๐ Market Insight:
Momentum is fading, with RSI likely overheated and volume dropping off. If bulls fail to reclaim $0.428+, expect price to unwind toward key support levels. A great setup for fast scalps on rejection! โก๐
๐ก Pro Tip: Look for a breakdown retest near $0.4200 with weak bounce volume for sharper entries! ๐ฏ๐