$JUP is showing strong bullish momentum after a sharp recovery from lower demand zones and sustained buying pressure across lower timeframes. The structure reflects higher lows with expanding volume, indicating accumulation and potential continuation toward upper resistance levels.

Price has successfully defended the key support region around the recent breakout zone and is now trading near short-term resistance. A confirmed breakout above the immediate supply area could trigger the next impulsive leg upward.

Bullish Scenario:

As long as price holds above the short-term support zone, the bias remains bullish with continuation potential.

TP1: 0.1770

TP2: 0.1850

TP3: 0.1950

SL: 0.1590

A clean breakout with volume confirmation increases the probability of hitting higher targets, while a pullback toward support may offer re-entry opportunities for trend-following traders.

#CryptoTrading #DeFi #PriceAction

JUP
JUPUSDT
0.1544
+0.78%