JUP is up 19.3% today and volume just exploded 2.53x normal. Jupiter waking up after months of sleeping. 🪐
At $0.267, JUP has cleared every major moving average: SMA7 $0.260, SMA25 $0.233, SMA99 $0.200 on the 4H. This is a textbook breakout structure. RSI at 67.9 (4H) and 67 (daily) is in the sweet spot — bullish momentum without being overbought. There is still room to push.
📊 Why This Trade?
The long/short ratio at 1.6 shows smart money is already positioning long. Volume is surging (2.53x average), confirming the breakout is real, not a fake-out. MACD is positive and histogram expanding on both timeframes. When a coin breaks out of a multi-month base with volume, the move tends to be sustained.
🎯 Trade Plan (LONG):
• Entry: $0.261 – $0.273 (the breakout zone)
• Stop Loss: $0.243 (below SMA25 on 4H, ~7% risk)
• TP1: $0.278 | TP2: $0.288 | TP3: $0.299
• Risk/Reward: 0.4R, conservative targets
⚠️ The $0.30 level is major psychological resistance. If we get there, take some chips off the table.
Is JUP undervalued at $0.27 or is this already priced in? Drop your target 🎯
#JUP #Jupiter #DYOR
⚠️ Disclaimer: This is not financial advice. Crypto is volatile. Always DYOR and manage your risk.