🚨$JUP /USDT BREAKDOWN: POTENTIAL ENTRY POINTS FOR BIG MOVES AHEAD!🚨
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 cautious—downside risk remains in play.
💡 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.
🔑 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 brewing—watch these levels closely to capitalize on the next big move!
#
#BinanceLabsInvestsLombard #BNBRisesTo600 #USStockEarningsSeason #TeslaTransferBTC #UptoberBTC70K?