JUP/USDT Primed for a Bullish Momentum? JUP Analysis

22 feb

💎Paradisers, let's take a moment to focus on #JUPUSDT, as it's showing signs of a potential breakout from its descending channel pattern.

💎At present, #Jupiter is making a push toward the descending resistance, moving up from the demand zone. This movement opens up the possibility for a price bounce from this zone, aiming for an upward trajectory with the bearish Order Block (OB) as its forthcoming target.

💎Nonetheless, if JUP doesn't manage to rebound and instead falls below the demand zone, we could see a pullback to the Bullish OB vicinity around the $0.453 mark, where it might gather strength for another upward push.

💎The Bullish OB zone has historically been a key area for initiating strong market recoveries upon contact. But, if this zone fails to hold, indicating a shift to bearish momentum, the price may set a new bullish course from a lower standpoint.

💎In the event that #JUP is unable to capitalize on this momentum from either the current or a subsequent level, a continued descent is likely. Rest assured, your ParadiseTeam is ever-vigilant, prepared to assist you through these shifting market dynamics.

31 mar

Trade chiuso: obiettivo raggiunto

We did it again. We predicted the biggest breakout of #JUP. It rose 235% from our prediction and still rising.

31 mar

Nota