$JUP LTF Analysis:

JUPUSDT

Perp

0.2037

+0.64%

$JUP has now broken down from its descending channel, confirming a bearish continuation structure. $JUP failed to hold the lower boundary of the channel, and that loss of structure shifts the bias clearly in favor of sellers.

This breakdown suggests that downside momentum is still active, and any short-term bounces into prior channel support are likely to act as resistance. As long as JUP remains below the broken channel and cannot reclaim it, the bearish scenario stays intact.

For now, there’s no confirmation of a bottom. Patience is key here — it’s better to wait for either a clear base formation or a strong reclaim of structure before considering any bullish setups.