$JUP: Buying Pressure Rises as Bulls Test Key Resistance
LONG SETUP JUP
Entry: $0.36900 - $0.37100
Stop Loss: $0.35520
Take Profit: $0.39960 (2R)
Key Levels: Support $0.36220 | Resistance $0.38810
Technical Analysis for $JUP: Price sits above EMA9, EMA21, EMA50 and EMA200, while MACD line is above its signal and the histogram is positive. RSI at 61 supports bullish bias. A break above 0.3714 could drive price toward the 0.3881 resistance. Invalidating level is the 0.3575 stop. LONG bias targets continuation toward resistance, with support as the invalidation level.
Market Context: BTC is up 2.2% and the market is broadly positive, with 85% of assets in green. This backdrop adds subtle upside pressure
LONG $JUP
LONG SETUP JUP
Entry: $0.36900 - $0.37100
Stop Loss: $0.35520
Take Profit: $0.39960 (2R)
Key Levels: Support $0.36220 | Resistance $0.38810
Technical Analysis for $JUP: Price sits above EMA9, EMA21, EMA50 and EMA200, while MACD line is above its signal and the histogram is positive. RSI at 61 supports bullish bias. A break above 0.3714 could drive price toward the 0.3881 resistance. Invalidating level is the 0.3575 stop. LONG bias targets continuation toward resistance, with support as the invalidation level.
Market Context: BTC is up 2.2% and the market is broadly positive, with 85% of assets in green. This backdrop adds subtle upside pressure
LONG $JUP