#JUPBuybacks $JUP /USDT: Bullish Momentum Building
Current Price: $1.22 (+12.54%)
24H High: $1.2552 | 24H Low: $1.0017
$JUP /USDT has surged with strong buying pressure, indicating bullish sentiment. The RSI at 69.4 suggests the pair is nearing overbought levels, so caution is advised around resistance zones.
Key Levels to Watch:
Resistance: $1.25 – Breaking this level could push toward $1.30, $1.35, and $1.40.
Support: $1.19 – Losing this support might lead to $1.15, $1.10, and $1.05.
Trade Setup:
1. Long Entry: Above $1.25, targeting $1.30, $1.35, and $1.40.
2. Short Entry: Below $1.19, aiming for $1.15, $1.10, and $1.05.
Risk Management:
Stop-Loss for Longs: $1.19
Stop-Loss for Shorts: $1.25
Market Insight:
Volume is rising, supporting the current uptrend. Monitor for breakout confirmation above $1.25 to maximize profit potential.
#JUPUSDT