🚀 $JUP

/USDT Technical Analysis 🚀

📊 Current Price: $1.05

🔴 24h Change: -6.29%

After a dip in the last 24 hours, JUP/USDT is showing strong potential for recovery. Let’s break down the key levels and price targets.

Support & Resistance Levels:

Support: $1.0161 – This level is holding strong as the 24h low. If price drops to this area, expect possible reversal or consolidation.

Resistance: $1.0566 – A key resistance formed at the 24h high. Breaking above this could lead to further upside.

Target Levels 🎯:

1. Target 1: $1.08

If JUP/USDT manages to break above $1.05, the next resistance is at $1.08. Watch for a breakout confirmation here to set up for further gains.

2. Target 2: $1.12

A breakout above $1.08 could trigger the next target at $1.12. This is a significant level to watch for potential continuation of the upward movement.

3. Target 3: $1.15

If the trend continues bullish, $1.15 could be the next major resistance. Monitor price action closely around this level.

⚠️ Risk Management: Always ensure to use stop losses to manage risk, especially in volatile conditions like this.

🔄 Keep an eye on the market movement and watch for confirmation before entering trades!

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