JPM at a Make-or-Break Level: Breakout to $325 or Drop to $276?

JPM is moving inside a well-defined ascending channel, and the price is currently trading near the midline of the channel, slightly above the 50-day SMA.

This is a decisive zone:
either the price bounces toward the upper channel,
or it breaks below the midline and heads toward the lower boundary.
Current price: $307–308

Bullish Scenario (More likely given the structure)
As long as the price holds above the midline and the 50-day SMA, an upward push is expected.

Bullish Targets:
• Target 1: $314
• Target 2: $320
• Target 3: $324–325 (top of the channel)

Bearish Scenario
If the price drops back below $301–302, downward momentum may accelerate.

Bearish Targets:
• Target 1: $295
• Target 2: $288
• Target 3: $276 (lower channel support)

Stop Loss
• For long positions: Below $301
• For short positions: Above $314