$JUP
#JUP MA(99): is the above from the current price .📉
📌When the MA(99) is above the current price, it indicates a potential resistance level. This means that if the price attempts to rise and reaches the MA(99) level, it may encounter selling pressure, causing the price to bounce back or consolidate. In this case, the MA(99) is at 0.4466, which is slightly above the current price of 0.4444. This suggests that the price may face resistance around the 0.4466 level if it tries to move higher.
In general, when a moving average is above the current price, it can act as a ceiling, making it more challenging for the price to break through and continue its upward trend. However, if the price manages to break above the MA(99), it could be a bullish sign, indicating a potential continuation of the uptrend.#INDIANstock