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Jupusdtsignal

Will JUPUSDT Continue Its Bullish Reversal or Face a Downturn?Yello, Paradisers! Is #JUPUSDT poised for a bullish breakout, or are we heading towards a significant retest and possible downturn? Let’s dive in! 💎#JUP has shown a promising sign of a bullish reversal by breaking out of the descending resistance. However, the current price appears to be facing resistance, suggesting a potential retest at the support level of 0.872 before attempting another breakout to hit our target area. 💎If JUP manages to break through the resistance without retesting the support first, the likelihood of an upward movement and continuation of the bullish trend increases significantly. 💎On the downside, if JUP fails to bounce when retesting the support area, the price might revisit the strong demand zone. Historically, JUP has consistently rebounded from this zone, but failure to sustain the strong demand area around 0.68 could invalidate the bullish outlook. This would indicate a bearish trend, with the price potentially moving further downward and dipping. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
JUP target $184h time frame - JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from those trading on Solana, it will be a positive assistance for consistent pump until JUP reaches a reasonable market cap. - Bull target: $18~$20
Long
by EthanTW
JUP/USDT Break Alert! Show a retest is valid and continue upward💎 Paradisers, #JUP has recently undergone significant market dynamics, successfully breaking out of the ascending triangle pattern. 💎 Following the breakout, JUP has undergone a retesting phase on the support level, which previously acted as resistance. This retest signifies potential strength in the newfound bullish momentum, with JUP poised for continued upward movement toward our target area. 💎 However, should JUP fail to sustain its upward climb and retreat towards the support area, it would be crucial to monitor its behavior closely. While a bounce from the support level could signal resilience and a potential resumption of the uptrend, a breakdown below this level could indicate a false breakout scenario. 💎 In the event of a breakdown, where JUP breaches the support level, caution is warranted as it may suggest weakening bullish momentum.
by MyCryptoParadise_Nathan
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