$JUP

📊 Chart Overview – JUPUSDT (4H):

Current Price: $0.5415

Recent Action: Price dropped sharply from $0.668 and is now testing a key support zone around $0.54 – $0.55.

Key Supports:

$0.545 – $0.54 (current zone).

$0.504 – $0.50 (next support)

$0.466 (major support).

Resistance Levels: $0.60 and $0.668.

🔍 Technical Breakdown:

Trendline Resistance:

A descending red trendline is currently capping upside movement.

Price needs to break and close above $0.57 – $0.60 for bullish momentum.

Bullish Scenario:

If $0.54 holds as strong support, we could see a bounce towards $0.60 – $0.65.

Bearish Scenario:

A breakdown below $0.54 might push the price down to $0.50 or even $0.466.

📌 Summary:

JUP is at a critical support. The next 1–2 candles on the 4H chart will decide if it bounces or dips toward the $0.50 level.

⚠️ Disclaimer:

This analysis is for informational and educational purposes only. It is not financial advice. Always do your own research (DYOR) and manage risk appropriately.