๐‰๐”๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ž

$JUP is showing great market structure with a market cap of 603.85M and 84% of 80.7K votes bullish. Sentiments like this do not happen randomly and often precede continuation patterns.

๐“๐ซ๐š๐๐ข๐ง๐  ๐’๐ž๐ญ๐ฎ๐ฉ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ

SC02 M5 has a pending long order near the POC (Point of Control). This is the price at which the most trades have happened. Traders like to trade at the POC because the chances of filling their limit orders are high. And to top it off, this is not in the weak areas.

The risk management is also great, with an estimated SL risk of 2.24%. This is great risk management.

๐“๐ซ๐ž๐ง๐ ๐‚๐ฒ๐œ๐ฅ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The uptrend is in the 166th cycle, and the amplitude is 17.80%. This is a mature trend.

The structure of the market is showing us the power of the trend through the way the price is moving up in this uptrend, which is the structure of the accumulation. Strong trends like this never go down to

#JUP #crypto #cryptocurreny

BNB
BNB
610.55
-2.07%