📈
$JUP — 1H Technical Update
JUP is showing healthy bullish continuation with a controlled pullback after an impulsive move 👀
🔹 Trend Structure:
Price has been forming higher highs and higher lows since the 0.206 base, confirming a short-term uptrend on the 1H timeframe.
🔹 Moving Averages:
JUP is trading above MA(7), MA(25), and MA(99) — a bullish MA alignment that supports continuation bias.
🔹 Recent Price Action:
After pushing to 0.2443, price is pulling back toward 0.235, which looks like a normal retracement, not a breakdown.
🔹 Key Levels to Watch:
Immediate Support: 0.232 – 0.229 (MA7 / local structure)
Strong Support: 0.227 – 0.222 (MA25 zone)
Resistance: 0.244 → 0.250 psychological level
🔹 Volume Insight:
Volume expanded on the breakout and cooled during the pullback — a bullish sign, showing selling pressure is limited.
💡 Bias:
Holding above 0.229 → continuation toward 0.245–0.25
Losing 0.222 → deeper pullback possible, trend weakens
📌 Conclusion:
JUP remains bullish on the 1H, currently in a pullback phase within an uptrend. Patience around support could offer cleaner continuation setups.
⚠️ Not financial advice. Trade with proper risk management.
#JUPUSDT #CryptoTA #BinanceSquare #Altcoins #perpetuals $JUP