đ¨ $JUP /USDT Blow-Off Top or Healthy Pullback? Short Setup On Radar! đ¨
$JUP surged to $0.4312 but immediately printed a strong rejection wick and a heavy red candle on the 15M chart a classic exhaustion signal after an aggressive rally. This pattern favors a short-term corrective move as momentum fades and buyers get trapped near the highs.
đ Short Trade Setup:
⢠Entry Zone: $0.4200 â $0.4260
⢠TP1: $0.4120
⢠TP2: $0.4045
⢠TP3: $0.3980
⢠SL: Above $0.4325
đĄ Market Insight:
Momentum is stalling, and RSI is likely stretched, setting up a controlled pullback. If price fails to reclaim $0.4300 with volume, expect sellers to drive a retracement lower.
đ Scalpers should monitor rejection wicks and dropping volume for confirmation.