$ALT **Jupiter (JUP) Analysis – October 24, 2024**
Today, Jupiter (JUP) is experiencing bullish momentum, currently trading at $1.0236. Recent market trends and increased adoption in decentralized finance (DeFi) indicate strong potential for growth. The recent surge in trading volume suggests heightened investor interest, which could push JUP toward a resistance level of $1.10 in the short term.
However, it’s essential to monitor potential corrections, with support near $0.95. A breach below this level could indicate bearish sentiment.
**Target Price:** $1.10
**Sell Price:** Consider selling if it approaches $1.05 for short-term gains, especially if market conditions shift. Overall, the outlook for JUP remains positive, making it a compelling option for investors looking to capitalize on the current DeFi momentum.
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