Jupiter priceJUP

🚀 $JUP Update – Watch Closely!‼️🚀 Hey bros… I’ve been watching JUP closely. A few days ago, I shared a signal and all TPs were hit! After the recent breakout, $JUP is now testing a retest level. Currently, JUP is consolidating around $0.40 after testing support at $0.397. Buyers are stepping in, keeping it stable, while $0.415 remains the key resistance. A breakout above this level could trigger a short-term bullish push. 🟢 Trade Setup: ✅ Entry: $0.400–$0.950 🎯 Targets: $0.42 → $0.44 → $0.46 🔴 Stop Loss: < $0.365 👀 Eyes on JUP – momentum could pick up fast! 💎 Why JUP Matters: 🔸 Powers $2T+ in swaps, 20+ DEXs, perps, lending & cross-chain products. 🔸 DAO governance & Litterbox buybacks reward holders. 🔸 Trusted oracles ( $PYTH , $LINK ) ensure secure pricing. 🔸 Competing with $UNI on Ethereum, tapping memecoin flows ( $BONK , $PENGU , $PUMP ). JUP isn’t just a token – it’s the backbone of Solana’s DeFi ecosystem. DeFi adoption just got real! 🌕 TRADE : $JUP

After BuyBack Program $JUP has initiated token Burning votes. Jupitar has Started $JUP Token Burning votes started from 30 October. the Jupiter (JUP) community will vote on whether to burn about 129 million JUP tokens. Burning tokens takes them out of the market, so the supply goes down. Less supply usually means a higher price. Technical Jupitar is making a pullback from the support of Symmetric Triangle, A break out from this Triangle can extend the price of JUP to 0.6$. Trading Indicators are signaling JUP is getting bullish momentum RSI is at 50 at neutral level of 50 aiming upward indicating that bearish momentum is fading away. MACD made a bullish crossover on last week on Thursday.

🔍 Technical Analysis Current Price: $0.4052 Recent High: $0.4543 Recent Low: $0.3812 📊 Moving Averages (MA) MA(7) = $0.3984 → Currently acting as support after a short-term pullback. MA(25) = $0.4211 → Still above current price; acting as resistance. MA(99) = $0.3821 → Strong long-term support zone. $JUP $RAY $📈 Interpretation: The price recently bounced from $0.3813, which aligns with the MA(99) — indicating a short-term bottom. However, MA(7) is still below MA(25), so the pair is in a mild downtrend, but signs of short-term recovery are visible. 💹 Volume & Momentum Volume increased sharply during the last drop → indicates panic sell followed by buying interest near $0.38. RSI (approx.): Likely between 42–45, showing neutral-to-slightly-oversold momentum. 📈 Interpretation: Buyers are starting to step in at lower levels, suggesting a potential short-term rebound. 🎯 Intraday Trading Plan (JUP/USDT) 🟢 Entry Points 1. Aggressive Entry: Around $0.402 – $0.405 (current range, as price holds above MA7). 2. Conservative Entry: Near $0.395 – $0.398, if price retests support. 🔴 Stop-Loss Placement Tight Stop-Loss: $0.388 (below recent low and MA(99)) Safe Stop-Loss: $0.382 (below strong support zone) 🟢 Take-Profit Targets 1. TP1: $0.415 – Quick scalp target near short-term resistance 2. TP2: $0.425 – Near MA(25), moderate profit zone 3. TP3: $0.438 – If strong momentum builds and BTC remains stable ⚖️ Risk/Reward Example If entry = $0.402 Stop-loss = $0.388 TP2 = $0.425 → Risk: $0.014 | Reward: $0.023 → R:R ≈ 1:1.6 (Good setup) 📉 If Market Turns Bearish If JUP breaks below $0.382, the next support is near $0.372–$0.365. Avoid long positions below that; short scalps may be considered only for experienced traders. 🚀 Summary Indicator Signal Trend Mild downtrend, short-term rebound forming Volume Rising on dips – accumulation signs Momentum Neutral to slightly bullish Intraday Bias Bullish above $0.398, cautious below $0.382 #JUP #JupiterCoin #ray #CryptoTrading #IntradaySignals #AltcoinAnalysis #DeFi #Binance #CryptoSignals

The Jupiter community is currently voting to decide whether to burn the previously repurchased 130 million JUP tokens.