JUP / TetherUS
Long
Updated

$JUP 1$ Plan

3946
I'm back at JUP with a large back SPOT ONLY.
This project have a huge potential, you can be bullish on SOL and bearish on JUP.

Let's do some math

ETH ATH Market Cap was 575B$ While UNI was 24B$, that's 4.2%

Let's take that to SOL, let's say SOL will reach 300$ in the bull market.

SOL at 300$ will take the Market cap to 130B$, at this level JUP should be at 5.2B$

That's a 4$ for JUP.

This is not a FA, the math is just for fun.
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We have a nice breakout, need to hold .536$ for confirmation
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If we can hold the 0.56$ we are going to 0.7$ next.
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Once we clear 0.65$ zone, Jup will be in vacuum zone.

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Anything above 0.7$ is full send without stop, we need to hold 0.59$ and we are fine.
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Now we enter the full send moment, 1$ is sonner than you think
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1$ is programmed
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I'll see how JUP will react to 1$ and decide ( most likely I'll keep holding, jup is doing a great numbers )
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Congrats fam, we hit our target 🎯 at 1$
I'll keep holding as I see much more potential for Jup.
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I adjusted my target because I believe JUP will be much higher than 1$
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I adjusted my target to 1.75$

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Waiting for the breakout.
Note
Jup is consolidating in the this range, waiting for the breakout before the next leg up.
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A clean breakout JUP stacking for round 2.
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HIGHER
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I closed 50% here.
will update soon
Trade closed: target reached
I'll close this idea as the original target was 1$.
I opened another one you can check it from here :
Can $JUP Pull a $UNI Run

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