🔍 $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!