JUP Technical Analysis – Daily Timeframe
Currently, JUP is in a corrective phase. To confirm a trend reversal, the price needs to break above the key resistance at $0.60 with strong momentum.
🔸 There is a possibility of a move toward this level and even a false breakout, but for a safer entry, a valid breakout with strong volume is preferred.
If the price fails to break this resistance, a pullback toward lower support levels may occur:
The first support lies around $0.47 on the 4-hour timeframe.
In a more bearish scenario, the price might drop to the daily support at $0.40, which is roughly 25% below the current level.
🔄 However, a bullish reaction from these support zones could potentially reignite the upward trend.
📝 This analysis will be updated as the chart develops. Stay tuned.
Currently, JUP is in a corrective phase. To confirm a trend reversal, the price needs to break above the key resistance at $0.60 with strong momentum.
🔸 There is a possibility of a move toward this level and even a false breakout, but for a safer entry, a valid breakout with strong volume is preferred.
If the price fails to break this resistance, a pullback toward lower support levels may occur:
The first support lies around $0.47 on the 4-hour timeframe.
In a more bearish scenario, the price might drop to the daily support at $0.40, which is roughly 25% below the current level.
🔄 However, a bullish reaction from these support zones could potentially reignite the upward trend.
📝 This analysis will be updated as the chart develops. Stay tuned.
تم فتح الصفقة
Upon reaching the aforementioned resistance, there is a possibility of correction for this currency. If you make a profit, it is better to save your profit because there is a possibility of correction.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.