๐ $JUP /USDT โ 1H Technical Update
JUP is currently trading around 0.2288, showing early signs of stabilization after the recent pullback from 0.2446.
๐ Key Observations:
Price is holding above the short-term MA(7), indicating a minor bullish attempt.
MA(25) is acting as immediate resistance around 0.231โ0.233.
Structure looks like a healthy pullback after a strong impulse move.
Volume has cooled down, suggesting sellers are losing momentum.
๐ Levels to Watch:
Support: 0.2250 โ 0.2190 (MA99 zone)
Resistance: 0.2330 โ 0.2400
๐ Outlook: A clean breakout and close above 0.233 could open the door for a retest of 0.240โ0.245. Failure to hold 0.225 may lead to a deeper retest toward 0.219.
โ ๏ธ As always, wait for confirmation and manage risk properly.
#JUPUSDT #DeFi #CryptoTA #Altcoins #BinanceSquare $JUP
