$JUP
{spot}(JUPUSDT)
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.