⚠️ $JUP /USDT – BEARS STILL IN CONTROL! Will Buyers Defend $0.2390?
$JUP /USDT is showing bearish momentum on the 1H timeframe, currently trading at $0.2427 (-2.33%) after a rejection from the $0.2663 swing high. Price has formed a sequence of lower highs, indicating continued selling pressure, while the recent bounce from the $0.2390–$0.2396 support zone suggests buyers are attempting to defend liquidity. A rejection around $0.2440–$0.2460 could offer a potential short entry, targeting $0.2400, $0.2360, and $0.2335, with a stop loss around $0.2490. However, a strong bullish reclaim above $0.2462 with increasing volume could invalidate the bearish setup and open a recovery toward $0.2500–$0.2535. Watch for liquidity sweeps, rejection candles, and volume confirmation before entering. Trade smart, protect your capital, and follow for more professional market setups!
#JUP
$JUP /USDT is showing bearish momentum on the 1H timeframe, currently trading at $0.2427 (-2.33%) after a rejection from the $0.2663 swing high. Price has formed a sequence of lower highs, indicating continued selling pressure, while the recent bounce from the $0.2390–$0.2396 support zone suggests buyers are attempting to defend liquidity. A rejection around $0.2440–$0.2460 could offer a potential short entry, targeting $0.2400, $0.2360, and $0.2335, with a stop loss around $0.2490. However, a strong bullish reclaim above $0.2462 with increasing volume could invalidate the bearish setup and open a recovery toward $0.2500–$0.2535. Watch for liquidity sweeps, rejection candles, and volume confirmation before entering. Trade smart, protect your capital, and follow for more professional market setups!
#JUP
