$JUP has extended its decline, dropping to $0.2993 after losing the $0.32 area on the 1-hour chart. Selling pressure remains strong, and price is approaching the $0.2800–$0.2900 demand zone, where buyers could attempt to halt the slide.
A reaction from this demand zone could trigger a recovery toward $0.3200–$0.3380, with price needing to reclaim these levels to build upward momentum. The $0.3650–$0.3720 region remains the next major resistance area if the recovery gains strength.
A breakdown below demand would leave #JUP vulnerable to further downside, so a clear reaction from the zone is important before expecting a sustained bounce.
A reaction from this demand zone could trigger a recovery toward $0.3200–$0.3380, with price needing to reclaim these levels to build upward momentum. The $0.3650–$0.3720 region remains the next major resistance area if the recovery gains strength.
A breakdown below demand would leave #JUP vulnerable to further downside, so a clear reaction from the zone is important before expecting a sustained bounce.