$JUP
đ JUP/USDT Technical Analysis â Big Move Incoming? đ
JUP/USDT is trading at $1.1652, with the price consolidating as it approaches critical support and resistance levels. Traders are watching closely for a breakout that could define the next trend.
đ Key Levels to Watch:
Support Zone: $1.1500 â A vital level. If this holds, it could trigger a bullish rebound; a break below might signal further downside.
Resistance Levels:
$1.2000 â Immediate resistance. A breakout here could indicate bullish momentum.
$1.2500 â A major barrier. Clearing this could open the door for a strong rally.
đ Trading Strategy:
Long Entry: Look for a breakout above $1.2000, targeting $1.2500 or higher. Place a stop-loss below $1.1500 to manage risk.
Short Entry: If the price drops below $1.1500, it could test lower levels like $1.1000. Use a stop-loss near $1.1700 for safety.
đ„ Market Insight: Watch for a volume spike to confirm the next move. A high-volume breakout could signal
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