$JUP

JUP/USDT Technical Analysis: Current Price at 1.1728

JUP is currently trading at 1.1728 USDT, and here's the latest technical breakdown for traders:

🔑 Support at 1.1500 USDT: This level has acted as a strong support zone. A break below 1.1500 USDT could lead to further downside, targeting 1.1000 USDT as the next potential support area.

🔑 Resistance at 1.2000 USDT: For a bullish continuation, JUP needs to break above 1.2000 USDT. A breakout above this level could push the price toward 1.2500 USDT, indicating further upside momentum.

💡 Entry Strategy: Consider entering long positions if JUP breaks above 1.2000 USDT, aiming for 1.2500 USDT. On the flip side, if the price drops below 1.1500 USDT, short positions targeting 1.1000 USDT could be considered.

⚖️ Risk Management: Set stop-loss orders below 1.1500 USDT to protect your position in case of downside movement.

Keep an eye on these key levels for optimal trading opportunities!

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