Building Swing Spot for JUP
Buy zone: 0.85-0.83, DCA 0.71 if necessary
Invalidation: D chart clean break below 0.71
TP: 0.96, 1.2, 1.8
Reason:
Narratives:
- SOL memecoins are getting a lot of interest, DEX like JUP and RAY are in the spotlight
Technical:
- Expecting a breakout from the daily trend
- Prices consolidate in the golden pocket zone from the current range (0.85-0.83)
- Stoch comes into mid-range and ready to cross up
Buy zone: 0.85-0.83, DCA 0.71 if necessary
Invalidation: D chart clean break below 0.71
TP: 0.96, 1.2, 1.8
Reason:
Narratives:
- SOL memecoins are getting a lot of interest, DEX like JUP and RAY are in the spotlight
Technical:
- Expecting a breakout from the daily trend
- Prices consolidate in the golden pocket zone from the current range (0.85-0.83)
- Stoch comes into mid-range and ready to cross up
Note
TP 1 Hit, SL to BE risk free
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.