📈 JUP Analysis | 3-Day Timeframe

🔻 The overall structure of JUP remains bearish and is fluctuating below key resistances; therefore, potential upside moves until key resistances are broken are more of a corrective nature than a trend change.

🔸 First Resistance | $0.23 – $0.27

In this range, selling pressure is likely to be high and the trend will continue to be bearish until it consolidates above.

🔸 Next Resistance | $0.38 – $0.45

Important structural resistance; breaking and consolidating above it could be the first sign of a trend reversal.

❗️ Until the resistances are broken, JUP is in a bearish/corrective phase and the prevailing scenario is continued price weakness.