JUP/USDT Primed for a Bullish Momentum? JUP Analysis
Updated
đź’ŽParadisers, let's take a moment to focus on #JUPUSDT, as it's showing signs of a potential breakout from its descending channel pattern.
đź’ŽAt present, #Jupiter is making a push toward the descending resistance, moving up from the demand zone. This movement opens up the possibility for a price bounce from this zone, aiming for an upward trajectory with the bearish Order Block (OB) as its forthcoming target.
đź’ŽNonetheless, if
JUP doesn't manage to rebound and instead falls below the demand zone, we could see a pullback to the Bullish OB vicinity around the $0.453 mark, where it might gather strength for another upward push.
đź’ŽThe Bullish OB zone has historically been a key area for initiating strong market recoveries upon contact. But, if this zone fails to hold, indicating a shift to bearish momentum, the price may set a new bullish course from a lower standpoint.
đź’ŽIn the event that #JUP is unable to capitalize on this momentum from either the current or a subsequent level, a continued descent is likely. Rest assured, your ParadiseTeam is ever-vigilant, prepared to assist you through these shifting market dynamics.
đź’ŽAt present, #Jupiter is making a push toward the descending resistance, moving up from the demand zone. This movement opens up the possibility for a price bounce from this zone, aiming for an upward trajectory with the bearish Order Block (OB) as its forthcoming target.
đź’ŽNonetheless, if
JUP doesn't manage to rebound and instead falls below the demand zone, we could see a pullback to the Bullish OB vicinity around the $0.453 mark, where it might gather strength for another upward push.đź’ŽThe Bullish OB zone has historically been a key area for initiating strong market recoveries upon contact. But, if this zone fails to hold, indicating a shift to bearish momentum, the price may set a new bullish course from a lower standpoint.
đź’ŽIn the event that #JUP is unable to capitalize on this momentum from either the current or a subsequent level, a continued descent is likely. Rest assured, your ParadiseTeam is ever-vigilant, prepared to assist you through these shifting market dynamics.
Trade closed: target reached
We did it again. We predicted the biggest breakout of #JUP. It rose 235% from our prediction and still rising.Comment
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