$JUP - chart analysis request: 🎯
The price get rejected on the key resistance 1.080 - 1.10$; but I see a Possible daily breakout and bullish retest of the kumo [D1]! 📈
🔶Zooming on the 3rd chart, everyone is seeing a possible bearish uptrend breakout & retest 👀
Regarding my experience, the lack of bearish reaction and the fact that the price continues to consolidate below the trend and above the daily kumo makes me think of a bullish consolidation!
The H4 uptrend remain also strong📈
Key support zone to hold: 1.010 - 1.000 $
🔶If the price manage to hold and consolidate above this level, then we could see a breakout and pump toward the 1.2250 - 1.250$ resistance! 📈
Lower supports: 0.990 - 0.950 - 0.930 $ - 0.8600$!
➡️To resume:
The price may range between the 1.00 - 1.095 $ zone.
The current trend is bullish and a bullish consolidation is possible before a big breakout upward! 📈
The newt few weeks should continue to be green for #JUP (regardless of short-term fluctuations!).
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