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Now, let’s dive into this chart analysis:
JUP had a rebound 10 days ago, reaching as low as $0.678 (close to the horizontal support line). Currently, JUP is at the 50 EMA resistance, and a rejection from the CMP or the upper resistance ($0.956) will likely drop the price toward the horizontal support at $0.6626.
A breakout above the resistance trendline can be considered a bullish move for JUP.
Key levels:
~ Resistance 1: 50EMA ($0.87).
~ Resistance 2: $0.956.
~ Support 1/Entry: $0.6626.
~ Lower Support: $0.4665.
DYOR. NFA.
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