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JUPUSDT trade ideas

Jupiter Comeback After Finding Support, Eyes $1.30Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks. However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06 , currently facing resistance. A decisive break above this level could propel JUP towards $1.30 .
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by Z4F4R
JUPUSDT (Bullish)The chart combines multiple technical analysis methods, including Elliott Wave Theory, Harmonic Patterns, and Fibonacci retracement levels, to provide a comprehensive analysis. The Gartley pattern is a bullish reversal pattern, indicating that the price might increase from the current level around 1.02, especially if it confirms the D point and the 0.618 retracement level. The corrective wave (A) (B) (C) aligns with typical Elliott Wave theory, suggesting the price might now seek a new impulse wave if it follows the typical wave pattern behavior. The significant Fibonacci retracement levels, particularly the 0.618 level, add further validation to the potential reversal zone indicated by the harmonic pattern. -If the Gartley pattern and Fibonacci retracement levels hold, it indicates a potential bullish reversal from the current levels.
Long
by Erald1
JUP target $184h time frame - JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from those trading on Solana, it will be a positive assistance for consistent pump until JUP reaches a reasonable market cap. - Bull target: $18~$20
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by EthanTW
Jupiter JUP price is hovering over the abyssIf the Head and Shoulders pattern is completed on the #JUPUSDT chart (and the falling trading volumes from left to right hint at this), then the target for developing this pattern will be in the range of $0.87 - 0.92 per LSE:JUP And it can be even safer and more profitable for your deposit if you leave pending limit orders to buy the #Jupiter token at $0.67-0.68 Of course, if you believe in this project and want to invest in it. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
JUP/USDT Ready to Reclaim its Position Back? 👀🚀JUP Analysis 💎Paradisers, #JUPUSDT has just grazed the bottom of its ascending channel, setting the stage for a potential climb. Keep your eyes peeled for an upward trajectory as #Jupiter seeks higher grounds. 💎If the price of #JUP struggles to maintain its footing at the channel's lower boundary, we anticipate a bullish pivot from the support at $0.691. This level is primed with rich liquidity, previously sparking significant upward movements with robust green candles. 💎If #JUP dips below this key support, we're looking at a possible bullish bounce from the even lower demand zone at $0.46. Failing to hold this level could lead to enhanced selling pressure. 💎Staying alert and adaptable is crucial as we navigate the evolving dynamics of the #Jupiter market. Keep your strategy flexible and your observations sharp, Paradisers. We're here to help you ride the waves of these market movements.
Long
by MyCryptoParadise_Simon
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