$JUP IS SHOWING A RARE DIVERGENCE BETWEEN VOLUME AND PRICE ACTION ⚡
Entry: 0.21 🔥
Target: 0.30 🚀
Stop Loss: 0.15 ⚠️
The current price action on $JUP is interesting because we are seeing a move upward on lower volume. This usually signals that the supply side is drying up rather than a speculative blow-off top. With the token unlock schedule ending and aggressive buybacks removing nearly 12% of the total supply by year-end, the fundamental floor is shifting.
The RSI at 60 suggests there is still plenty of room for this trend to develop before hitting overbought territory. Are you watching the $0.25 resistance for a breakout or waiting for a retest?
Not financial advice. Always manage your risk.
#JUP #Solana #Crypto #Altcoins #TechnicalAnalysis
⚡
Entry: 0.21 🔥
Target: 0.30 🚀
Stop Loss: 0.15 ⚠️
The current price action on $JUP is interesting because we are seeing a move upward on lower volume. This usually signals that the supply side is drying up rather than a speculative blow-off top. With the token unlock schedule ending and aggressive buybacks removing nearly 12% of the total supply by year-end, the fundamental floor is shifting.
The RSI at 60 suggests there is still plenty of room for this trend to develop before hitting overbought territory. Are you watching the $0.25 resistance for a breakout or waiting for a retest?
Not financial advice. Always manage your risk.
#JUP #Solana #Crypto #Altcoins #TechnicalAnalysis
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