⚠️ Is $JUP
JUP still a buy or more downside ahead?
Jupiter (JUP) is showing signs of life. Let's break it down 👇
Current price: $0.1899 (+4.67% in 24h)
**Volume:** $64M → 172% above average (real buyers stepping in)
---
🔥 Bullish catalysts
1. Net zero emission approved ✅
Community voted 75% to pause Jupuary airdrops indefinitely & lock team tokens. Less sell pressure.
2. ParaFi Capital invested $35M
Strategic investment settled in JupUSD + JUP tokens.
3. ASR rewards & $20K campaign
Active Staking Rewards (50M JUP) successfully distributed.
---
⚠️ Short-term risk
Today (April 28): 53.47M $JUP JUP unlock (~$9.77M)
→ Team & Mercurial stakers receive tokens. Temporary sell pressure possible.
---
📊 Technical levels
· Resistance: $0.2050 → break above targets $0.25
· Support: $0.1873 → next major at $0.17
---
💡 My take
Long-term = strong fundamentals (net zero emission, DEX leader on Solana).
Short-term = wait for the unlock dip or buy on break above $0.2050.
What's your move?
👇 Type BULL if you expect $0.25 next
Type **BEAR** if you think it tests $0.17 first