🔺 $JUP
USDT PAIR — BREAKOUT FROM RANGE, TESTING NEAR RESISTANCE
$JUP is trading at $0.4498 (+4.48%), showing strength as it breaks out from the $0.43 range with good momentum and volume. It’s nearing the 24h high of $0.4528, a key short-term level.
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🔑 Key Levels:
Support: $0.4420 / $0.4370
Resistance: $0.4528 (24h high), next $0.4540–$0.4580
Current Price: $0.4498
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🎯 Trade Setup (Short-Term Fade Idea):
Entry Zone (Short): $0.4498 – $0.4540
Take Profit Targets:
TP1: $0.4420
TP2: $0.4370
Stop Loss: $0.4585
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📊 Market Outlook:
Momentum is positive, but price is entering a potential supply zone between $0.4528 and $0.4580. If it shows rejection at that level (e.g., wick or bearish candle), a pullback toward support at $0.4370 is likely.
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📈 Volume Watch:
Current Vol: 869K
MA(5): 2.17M, MA(10): 3.60M
Volume is below average, signaling a possible fade if no new buyers step in.
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💬 Comment NEAR RESISTANCE ⚠️, PATIENCE NEEDED 🧘, or BREAKOUT LONG IF VOLUME SPIKES 🚀.
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