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JUP/USDT Analysis – Downtrend or Reversal Incoming? 🚨📉
📉 Current Price: $0.8377 (-12.38%)
🔍 Key Levels to Watch:
✅ Support Zone: $0.8087 - $0.7990 (Pullback Area)
✅ Resistance Zone: $0.8705 - $0.9420 (Breakout Target)
---
📈 Bullish Recovery Strategy:
🔹 Entry Zone: $0.8087 - $0.8200 (Buy on Support)
🎯 Take Profit Targets:
✅ TP1: $0.8705
✅ TP2: $0.9095
✅ TP3: $0.9420
🚨 Stop Loss: Below $0.7990
---
📉 Bearish Continuation Strategy:
🔹 Entry Zone: $0.8705 - $0.9095 (Sell if Rejected)
🎯 Take Profit Targets:
✅ TP1: $0.8377
✅ TP2: $0.8087
✅ TP3: $0.7990
🚨 Stop Loss: Above $0.9420
---
⚡ 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.
📢 Pro Tip: Wait for confirmation before entering a trade. If $0.8377 holds as support, a relief bounce could be in play. 🚀📊
#JUP #BTC #Crypto Downturn: Hold or Sell? #ETH