$JUP 1D: Navigating Bearish Currents with Caution

Price action remains firmly bearish, trading below recent highs and the equilibrium point, though faint bullish momentum flickers through minor divergences.

Currently, $JUP is holding just above critical support near 0.326, a level to watch closely. Failure to maintain this floor could lead to a sharper decline toward the 0.163 area. On the upside, resistance sits around 0.393, where any rejection would reinforce the downtrend. Only a strong reversal and a daily close above 0.393 would flip the bias bullish. For now, downside risks dominate but keep an eye out for potential reversal patterns near support. This analysis is trimmed. To see the full version with TP/SL/entry ladder and more depth, go through the Finora Telegram bot below.

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