$JUP $JUP $JUP
JUP/USDT Chart Analysis
The JUP/USDT pair is currently trading at 1.0803 USDT.
Support and Resistance Levels:
- Support:
- 1.0655 USDT (immediate support)
- 0.9630 USDT (24-hour low)
- 0.9608 USDT (another recent low)
- Resistance:
- 1.1140 USDT (recent high)
- 1.1217 USDT (potential resistance above the recent high)
Entry Signal:
- Long Entry: Consider entering a long position if the price breaks above the recent high of 1.1140 USDT with strong volume. A conservative entry could be around the current price of 1.0803 USDT if there is confirmation of support at 1.0655 USDT.
Stop Loss and Take Profit Levels:
- Stop Loss: Place a stop loss just below the support level at 1.0655 USDT to minimize potential losses.
- Take Profit:
- First target at 1.1140 USDT (recent high)
- Second target at 1.1217 USDT (potential resistance level above the recent high)
This analysis provides a structured approach to trading the JUP/USDT pair, considering key support and resistance levels, entry signals, and risk management through stop loss and take profit levels.
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