JUP STALLS AT RESISTANCE: Wait or Watch? 🤔

$JUP recently faced resistance at $1.14-$1.22 and is now drifting towards its support zone of $0.835-$0.895. This indicates a potential period of consolidation or a possible price correction.📉

Here's what to watch:👀

Price Action: If #JUP bounces off the support zone, a potential trend reversal could be in sight. A break below support could signal further decline.

#Trading Volume: Low volume during consolidation suggests indecision. High volume on a breakout or breakdown confirms a stronger move.

News and Events: Keep an eye on any upcoming news or developments related to #Jupiter or the broader crypto market. These can significantly impact price movement.

What's Your opinion on JUP ??