$JUP
/USDT Technical Analysis & Trade Signal🔥💯💯🚀
Current Price: $0.7958
Trend: Bearish (short-term downtrend with -2.16% drop)
Key Indicators:
Support Level: $0.7850
Resistance Levels: $0.8050, $0.8200, $0.8350
RSI: Near 40, indicating neutral to slightly oversold conditions.
Momentum: Weak downward pressure, but near support may trigger a potential bounce.
Trade Signal:
Entry: $0.7950 (if it stabilizes above support)
Stop-Loss: $0.7800 (below strong support level)
Take-Profit Targets:
1. 🎯 $0.8050 (1st target)
2. 🎯 $0.8200 (2nd target)
3. 🎯 $0.8350 (3rd target)
Momentum: Low-moderate. Monitor trading volume closely. A breakout above $0.8050 may increase upward momentum.
Suggestion:
Conservative traders should wait for confirmation above $0.8050.
Aggressive traders can consider accumulating near $0.7850 with tight risk management.
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