$JUP continues to trade within an ascending channel, maintaining short-term bullish structure. However, the recent upward push was rejected at the 0.185–0.190 supply zone, showing active selling pressure at that level.
Currently trading around 0.176, the key question is whether this is a healthy pullback within the trend — or the beginning of a broader range rotation.
🔎 Key Levels to Watch:
✅ Bullish Scenario:
As long as 0.170–0.165 support holds, price could gradually grind back toward 0.185–0.190.
A clean breakout and strong hold above 0.190 would likely open the path toward 0.200 and potentially higher.
⚠️ Bearish Scenario:
A breakdown below 0.165 would weaken the channel structure.
In that case, expect a deeper retracement toward the 0.150–0.145 support zone.
📈 Watch volume behavior and reaction at key levels — that will determine whether continuation or correction comes next.
Stay disciplined and manage risk accordingly.