JUP/USDT Analysis โ€“ Downtrend or Reversal Incoming? ๐Ÿšจ๐Ÿ“‰



๐Ÿ“‰ Current Price: $0.8377 (-12.38%)
๐Ÿ” Key Levels to Watch:
โœ… Support Zone: $0.8087 - $0.7990 (Pullback Area)
โœ… Resistance Zone: $0.8705 - $0.9420 (Breakout Target)

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๐Ÿ“ˆ Bullish Recovery Strategy:

๐Ÿ”น Entry Zone: $0.8087 - $0.8200 (Buy on Support)
๐ŸŽฏ Take Profit Targets:
โœ… TP1: $0.8705
โœ… TP2: $0.9095
โœ… TP3: $0.9420
๐Ÿšจ Stop Loss: Below $0.7990

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๐Ÿ“‰ Bearish Continuation Strategy:

๐Ÿ”น Entry Zone: $0.8705 - $0.9095 (Sell if Rejected)
๐ŸŽฏ Take Profit Targets:
โœ… TP1: $0.8377
โœ… TP2: $0.8087
โœ… TP3: $0.7990
๐Ÿšจ Stop Loss: Above $0.9420

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โšก Market Outlook:

JUP is currently in a downtrend after failing to hold above $0.9000, dropping over 12% in the last 24 hours. If it holds support at $0.8087, a bounce toward $0.8705 - $0.9095 could be expected. However, failure to hold support may lead to further downside below $0.7990.

๐Ÿ“ข Pro Tip: Wait for confirmation before entering a trade. If $0.8377 holds as support, a relief bounce could be in play. ๐Ÿš€๐Ÿ“Š

#JUP #BTC #Crypto Downturn: Hold or Sell? #ETH
JUP4,23%
BTC1,55%
ETH3,35%
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