JUPUSDT ### **📊 Chart Overview – JUPUSDT (4H):**
* **Current Price:** \$0.5415
* **Recent Action:** Price dropped sharply from \$0.668 and is now testing a **key support zone around \$0.54 – \$0.55**.
* **Key Supports:**
* **\$0.545 – \$0.54 (current zone).**
* **\$0.504 – \$0.50 (next support).**
* **\$0.466 (major support).**
* **Resistance Levels:** \$0.60 and \$0.668.
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### **🔍 Technical Breakdown:**
1. **Trendline Resistance:**
* A descending red trendline is currently capping upside movement.
* Price needs to **break and close above \$0.57 – \$0.60** for bullish momentum.
2. **Bullish Scenario:**
* If \$0.54 holds as strong support, we could see a **bounce towards \$0.60 – \$0.65**.
3. **Bearish Scenario:**
* A breakdown below **\$0.54** might push the price down to **\$0.50** or even **\$0.466**.
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### **📌 Summary:**
JUP is at a **critical support**. The next 1–2 candles on the 4H chart will decide if it bounces or dips toward the \$0.50 level.
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⚠️ **Disclaimer:**
*This analysis is for informational and educational purposes only. It is not financial advice. Always do your own research (DYOR) and manage risk appropriately.*
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.