$JUP: WAIT - waiting for a reject at the 0.27 ceiling.
What happened: JUP tapped 0.27 twice and fell to 0.2506. It bounced to 0.2636 while Bitcoin stays weak under 70k.
Entry: 0.27, only after price taps 0.27 or higher and an hourly candle closes back under 0.27.
Stop loss: 0.2741, about 1.5 pct above entry.
Target 1: 0.2603, gives 1.8 times the risk.
Target 2: 0.2506, gives 3.8 times the risk.
Skip longs into 0.2690 to 0.27, that ceiling is now overhead resistance.
What cancels the idea: two hourly candle closes above 0.2741 end it.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
What happened: JUP tapped 0.27 twice and fell to 0.2506. It bounced to 0.2636 while Bitcoin stays weak under 70k.
Entry: 0.27, only after price taps 0.27 or higher and an hourly candle closes back under 0.27.
Stop loss: 0.2741, about 1.5 pct above entry.
Target 1: 0.2603, gives 1.8 times the risk.
Target 2: 0.2506, gives 3.8 times the risk.
Skip longs into 0.2690 to 0.27, that ceiling is now overhead resistance.
What cancels the idea: two hourly candle closes above 0.2741 end it.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
