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JUPUSDC

JUP/USDT Retests Key Support! Bounce Incoming or Breakdown Ahead📉 Complete Technical Analysis: The JUP/USDT pair is currently showing a critical price action after breaking out from a medium-term descending trendline (yellow diagonal line). However, the price is now retesting a major demand zone around $0.4200–$0.4574. 📌 Pattern Identified: Descending Trendline Breakout: Price successfully broke above a long-standing bearish trendline. Retest of Breakout Zone: The current move is a classic retest, often seen before a trend reversal continuation. Strong Demand Zone: The yellow zone ($0.4200–$0.4574) has historically served as a strong accumulation and bounce area. --- 📈 Bullish Scenario: If the price holds and bounces from the $0.4200–$0.4574 zone, bullish momentum could resume with upside targets: Short-term target: $0.6089 Next resistances: $0.7213 – $0.8075 A confirmed higher low above support would strengthen the bullish structure. --- 📉 Bearish Scenario: If the price breaks down below $0.4200, bearish pressure could return, leading to further downside. Potential decline toward deeper support levels around $0.35–$0.30. Breakdown with increasing volume would confirm seller dominance. --- 🎯 Key Levels to Watch: Support Zone: $0.4200 – $0.4574 (Critical Retest Area) Immediate Resistance: $0.4883, $0.6089 Major Resistance Levels: $0.7213, $0.8075, $1.1158, up to $1.6576 --- 🧠 Conclusion: JUP/USDT is currently at a crucial decision point. The reaction at this support zone will define whether the breakout holds or fails. Traders should watch this level closely for confirmation of the next major move. #JUPUSDT #CryptoAnalysis #AltcoinUpdate #TechnicalAnalysis #CryptoBreakout #SupportAndResistance #TradingView #Cryptocurrency #ChartPattern #BullishSetup #BearishCase
Long
by CryptoNuclear
JUP/USDT – Massive Breakout Brewing? Falling Wedge Reversal🧠 Detailed Technical Analysis: Jupiter (JUP) is currently forming a classic bullish reversal pattern – the Falling Wedge – after months of consistent downward pressure. Since December 2024, JUP has been trending inside a narrowing range of lower highs and lower lows, and it's now approaching a potential breakout zone. 📊 Pattern in Focus: Falling Wedge – A Powerful Bullish Reversal Setup The Falling Wedge consists of a converging downtrend with declining volatility. This pattern typically signals a loss of bearish momentum and often precedes a sharp upside breakout. If confirmed, a breakout can lead to a strong bullish impulse wave with significant gains. 🔍 Key Levels to Watch: ✅ Major Support Zones: $0.3018 – Historical low and critical defense level $0.4453 – $0.4883 – Current consolidation base 🚀 Key Resistance Targets (Post-Breakout): $0.6089 – First resistance after breakout $0.7213 – Mid-level resistance $0.8075 – Key breakout zone before bullish expansion $1.1158 – $1.3701 – Primary medium-term targets $1.4400 – All-time high and psychological resistance 🔼 Bullish Scenario (High Probability Setup): If JUP breaks above the falling wedge resistance and clears $0.4883: ✅ A bullish rally could target $0.6089, followed by $0.7213 and $0.8075 ✅ If strong momentum follows, JUP might extend gains towards $1.1158 – $1.3701 ✅ Watch for breakout confirmation with high volume and potential retest of the breakout zone 🔽 Bearish Scenario (Risk to Consider): If price gets rejected and breaks below $0.4453: ❌ Downside may resume toward $0.3600 or even retest $0.3018 ❌ This could either lead to a prolonged downtrend or form a double bottom base for a future reversal 💡 Conclusion & Strategy: JUP is at a critical technical juncture. The Falling Wedge formation is one of the most reliable bullish reversal signals. This setup offers a great risk-reward opportunity for traders watching for a confirmed breakout. 📌 Breakout = Golden Opportunity 📌 Breakdown = Be Cautious & Reassess Aggressive traders may look to accumulate near $0.44–$0.48 with tight stop-losses. Conservative traders should wait for a breakout + retest for confirmation before entering. #JUP #JUPUSDT #CryptoBreakout #FallingWedge #TechnicalAnalysis #AltcoinSetup #CryptoChart #BullishSetup#AltcoinWatch #SwingTradeSetup #CryptoStrategy
Long
by CryptoNuclear
Jupiter JUP price - the most interesting is yet to come!The last time we were published an idea for #JUP 6 months ago, where we predicted a price drop from $1.30 to $0.67-0.68 and recommended placing pending limit orders there 👇 Those who listened should be happy with their profits now. 🧑‍🚀 But in general, if we analyze the price chart of the #Jupiter token, we can assume that the most interesting things are yet to come, because it seems that the coin has been actively accumulating for the last 4 months. 🔼 So, we can try to take a long OKX:JUPUSDT in the range of $0.81-0.89 with a medium-term growth prospect of at least +120%. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade