#JUP short setup breakdown in progress
My view: $JUP is sitting very close to the 24h low around 0.2091, after a sharp ~9% drop. That makes chasing the short at the exact low risky; I’d prefer a small bounce/retest first. Current market data also shows continued downside pressure.
Short Entry: 0.2120–0.2160
SL: 0.2238
TP1: 0.2091
TP2: 0.2000
TP3: 0.1940
If 0.2091 breaks with volume, the lower targets become more relevant. Manage leverage carefully this is a volatile perp setup.
#BitcoinFalls4%
My view: $JUP is sitting very close to the 24h low around 0.2091, after a sharp ~9% drop. That makes chasing the short at the exact low risky; I’d prefer a small bounce/retest first. Current market data also shows continued downside pressure.
Short Entry: 0.2120–0.2160
SL: 0.2238
TP1: 0.2091
TP2: 0.2000
TP3: 0.1940
If 0.2091 breaks with volume, the lower targets become more relevant. Manage leverage carefully this is a volatile perp setup.
#BitcoinFalls4%
