It sounds like you're analyzing $JUP (Jupiter) using technical analysis.
The symmetrical triangle pattern indicates a period of consolidation where the price is making lower highs and higher lows, often signaling a potential breakout.
$JUP Key Levels:
Support: The lower border of the triangle.
Potential Targets:
$0.93
$1.11
$1.44
$1.80
What to Watch:
1. Bounce Confirmation:
Look for bullish signals such as increased volume or bullish candlestick patterns to confirm the bounce.
2. Breakout Direction:
While the targets suggest an upward breakout, symmetrical triangles can break either way, so consider risk management in case of a breakdown.
3. Volume:
A breakout accompanied by high trading volume is more likely to sustain the move.
Let me know if you'd like a deeper analysis!