technical analysis and trade signals for the $JUP
/USDT pair:
Technical Analysis:
Current Price: $0.8478 (+6.36%)
Support: $0.7856 (24h Low)
Resistance: $0.8547 (24h High)
Moving Averages:
MA(7): 0.8461 (near current price, indicating stability)
MA(25): 0.8403 (support)
MA(99): 0.8179 (stronger support)
Momentum: Positive momentum, as the price is trending above the 7-period moving average, indicating bullish short-term strength.
Trade Signals:
Buy Signal: Price breaks above $0.8547 (bullish breakout potential).
Sell Signal: Price falls below $0.7856 (potential bearish reversal).
Target Levels 🎯:
1. Target 1: $0.8565 (immediate resistance)
2. Target 2: $0.8650 (next psychological resistance)
3. Target 3: $0.8800 (potential breakout level
Trade Momentum: Positive, with a slight uptrend. Watch for a breakout above $0.8547 to confirm a bullish continuation toward the $0.8650 and $0.8800 targets. If the price holds above $0.8403, the trend remains bullish.
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