JUP/USDT – BUYING SETUP | 1D
Entry:
JUP is currently trading around $0.2635 and attempting to recover from the recent pullback.
For a safer entry, wait for a strong daily candle close above the $0.2650–$0.2700 resistance area, followed by a successful retest (price returns to the broken level and holds above it). This would provide stronger bullish confirmation.
Targets:
- T1: $0.2800–$0.2900
- T2: $0.3100–$0.3400
These are potential resistance areas where price may face selling pressure.
Stop Loss:
The recent support around $0.2350 is the key invalidation area. A decisive daily close below this level would weaken the bullish setup. Keep the stop below the invalidation zone.
Important Note:
JUP has shown a recovery from recent lows, but it is still facing resistance around the current price. Avoid chasing the move or entering without a confirmed breakout and retest.
Decent setup, but needs clearer confirmation.
#JUPUSDT #EarningsSeason
Entry:
JUP is currently trading around $0.2635 and attempting to recover from the recent pullback.
For a safer entry, wait for a strong daily candle close above the $0.2650–$0.2700 resistance area, followed by a successful retest (price returns to the broken level and holds above it). This would provide stronger bullish confirmation.
Targets:
- T1: $0.2800–$0.2900
- T2: $0.3100–$0.3400
These are potential resistance areas where price may face selling pressure.
Stop Loss:
The recent support around $0.2350 is the key invalidation area. A decisive daily close below this level would weaken the bullish setup. Keep the stop below the invalidation zone.
Important Note:
JUP has shown a recovery from recent lows, but it is still facing resistance around the current price. Avoid chasing the move or entering without a confirmed breakout and retest.
Decent setup, but needs clearer confirmation.
#JUPUSDT #EarningsSeason
