đ¨$JUP /USDT BREAKDOWN: POTENTIAL ENTRY POINTS FOR BIG MOVES AHEAD!đ¨
The JUP/USDT pair is moving within a falling wedge pattern on the 15-minute chart, with the price currently holding at $0.9559 USDT. A falling wedge often signals a bullish reversal if we break out to the upside, but be cautiousâdownside risk remains in play.
đĄ Key Levels to Watch:
⢠Resistance: Strong resistance is forming at $0.9800 USDT. A breakout here could trigger a bullish rally toward $1.0200 USDT, giving a great long entry point.
⢠Support: Immediate support lies around $0.9400 USDT. A breakdown below this level might drive the price lower to $0.9169 USDT or worse.
đ Entry Strategy:
⢠Long Entry: If we see a breakout above $0.9800 USDT, enter a long position with a target of $1.0200 USDT. Stop-loss: $0.9550 USDT.
⢠Short Entry: If price breaks below $0.9400 USDT, consider a short position with a target of $0.9169 USDT. Stop-loss: $0.9600 USDT.
Momentum is brewingâwatch these levels closely to capitalize on the next big move!
#
#BinanceLabsInvestsLombard #BNBRisesTo600 #USStockEarningsSeason #TeslaTransferBTC #UptoberBTC70K?