🌙 JUP NIGHT WATCH — BREAKOUT ABOVE $0.40 OR LIQUIDITY SWEEP FIRST?
Jupiter (JUP) remains one of the most interesting altcoins to watch.
JUP surged around 13.5% in 24 hours, with volume of about $150 million. The catalyst is also quite strong: Jupiter Lend has overtaken Kamino as the largest lending protocol on Solana, with TVL of around $1.41B.
Technically, JUP still has a strong bullish bias. The price is around $0.379, above all major moving averages. However, the daily RSI is already at 70.6, so momentum is strong but starting to become overbought.
📍 LEVELS I'M WATCHING
🔴 Resistance: $0.389–$0.400
🟡 Pivot: $0.375–$0.380
🟢 Support: $0.360–$0.365
🟢 Major support: $0.346
Bullish scenario 🟢
If JUP manages to break and close above $0.389–$0.400 with volume picking up again:
Entry: $0.390–$0.400 after breakout + retest
TP1: $0.415
TP2: $0.430
TP3: $0.450
Invalidation: close back below $0.375
Bearish scenario 🔻
If JUP makes a liquidity sweep at $0.389–$0.400 but fails to hold and shows rejection:
Short entry: $0.385–$0.395 after rejection confirmation
TP1: $0.365
TP2: $0.346
TP3: $0.331
Invalidation: break and hold above $0.405
⚠️ What's interesting isn't chasing the green candle.
JUP is already up around 45% in 30 days, while the daily RSI has entered overbought territory. So I'd rather wait for:
Liquidity sweep → reclaim/rejection → volume confirmation → continuation.
If $0.389–$0.400 is broken with volume, momentum could continue toward the $0.43–$0.45 area. But if that resistance is rejected again, a pullback to $0.36–$0.35 could be a more interesting area to watch.
This is a technical scenario, not a guarantee of profit. Always use risk management.
$JUP
#JUPUSDT #CryptoTrading #TechnicalAnalysis #LiquiditySweep #Breakout
Jupiter (JUP) remains one of the most interesting altcoins to watch.
JUP surged around 13.5% in 24 hours, with volume of about $150 million. The catalyst is also quite strong: Jupiter Lend has overtaken Kamino as the largest lending protocol on Solana, with TVL of around $1.41B.
Technically, JUP still has a strong bullish bias. The price is around $0.379, above all major moving averages. However, the daily RSI is already at 70.6, so momentum is strong but starting to become overbought.
📍 LEVELS I'M WATCHING
🔴 Resistance: $0.389–$0.400
🟡 Pivot: $0.375–$0.380
🟢 Support: $0.360–$0.365
🟢 Major support: $0.346
Bullish scenario 🟢
If JUP manages to break and close above $0.389–$0.400 with volume picking up again:
Entry: $0.390–$0.400 after breakout + retest
TP1: $0.415
TP2: $0.430
TP3: $0.450
Invalidation: close back below $0.375
Bearish scenario 🔻
If JUP makes a liquidity sweep at $0.389–$0.400 but fails to hold and shows rejection:
Short entry: $0.385–$0.395 after rejection confirmation
TP1: $0.365
TP2: $0.346
TP3: $0.331
Invalidation: break and hold above $0.405
⚠️ What's interesting isn't chasing the green candle.
JUP is already up around 45% in 30 days, while the daily RSI has entered overbought territory. So I'd rather wait for:
Liquidity sweep → reclaim/rejection → volume confirmation → continuation.
If $0.389–$0.400 is broken with volume, momentum could continue toward the $0.43–$0.45 area. But if that resistance is rejected again, a pullback to $0.36–$0.35 could be a more interesting area to watch.
This is a technical scenario, not a guarantee of profit. Always use risk management.
$JUP
#JUPUSDT #CryptoTrading #TechnicalAnalysis #LiquiditySweep #Breakout