🔍 $JUP
/USDT Technical Analysis: Price Movement & Targets
Jupiter (JUP) has been showing some interesting price action recently, trading at 1.0240 USDT with a 7.31% decline in the last 24 hours. However, short-term trends suggest potential upside opportunities! Here's a quick breakdown of our key targets:
🎯 Target 1: 1.0500 USDT
This first target aligns with a resistance level spotted on the 1-hour chart. If JUP gains momentum and breaks past the 1.0300 range, we could see it hitting 1.0500 USDT.
🎯 Target 2: 1.0800 USDT
A stronger resistance level is identified near 1.0800 USDT. This target looks achievable if bullish pressure continues, especially given the growing interest in DeFi sectors like Jupiter.
🎯 Target 3: 1.1058 USDT (24h High)
Our final target for the short-term is the previous 24-hour high of 1.1058 USDT. A breakthrough here could indicate a bullish trend reversal.
📊 Volume Data:
24h Volume (JUP): 45.86M
24h Volume (USDT): 48.10M
Keep an eye on these levels for potential breakout or retracement points!