$JUP

Jup Coin Price Analysis

Current Market Overview

• Last Price: $0.8125 (Spot), $0.8118 (Contract)

24h Price Change: -12.87%

24h High: $0.936

24h Low: $0.7896

24h Trading Volume: 7,026,287.56 (Spot), 43,977,613.00 (Contract)

24h Turnover: $5,927,793.68 (Spot), $36,925,879.64 (Contract)

Whale Trader Signal: Longs: 1,590,977, Shorts: 53,844 (Long/Short Ratio: 29.5:1)

Cash Flow: Net Outflow of $4,479,896

Support and Resistance Levels

Support Price: $0.804

Resistance Price: $0.8369

Technical Indicators

Bullish Indicators: None identified.

Bearish Indicators:

RSI: Currently indicating a short trend due to being overbought.

Market Sentiment

Fear and Greed Index: 87 (Extreme Greed)

Conclusion

Jup Coin is currently experiencing a significant price drop of approximately 12.87% over the last 24 hours, with a last price around $0.8125. The market sentiment is in a state of extreme greed, which often indicates a potential correction. The technical indicators suggest a bearish trend, particularly with the RSI indicating overbought conditions. Traders should be cautious, especially as the price approaches the support level of $0.804.

Recommendations

Monitor the price closely around the support level of $0.804.

Consider the potential for a rebound if the price stabilizes above this support.

Be aware of the extreme greed sentiment, which may lead to increased volatility.