$JUP /USDT Analysis: Potential Breakout in Play.
$JUP /USDT is showing a strong bullish move, currently trading at $0.9171, reflecting an impressive 11.10% gain in the last 24 hours. The price has broken past significant levels and is approaching a critical resistance zone.
Key Levels to Watch:
Resistance: $0.9258 – A breakout above this level could signal a continuation toward higher targets.
Support: $0.8768 – Maintaining above this level will be crucial for the bullish trend.
Trade Setup:
Long Entry: Consider entering above $0.9200 for a breakout trade.
Targets:
1. $0.9400
2. $0.9600
3. $0.9800
Stop-loss: Set below $0.8750 to manage risk.
Market Insight:
Volume is surging, suggesting strong buying momentum. Watch for sustained movement above $0.9258 to confirm a bullish breakout.
