Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent...
4h time frame
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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...
Adding to my JUP airdrop bag here at 0.966 after taking profits around 1.6 a few weeks ago.
Sitting at its macro golden pocket fib and holding it well.
I will add at 0.813 & 0.6675 if we get it but wouldn’t be surprised if this thing bottoms around here as I’m bullish SOL with our recent buys.
4h time frame
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JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern.
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TP: 2 / 2.7
SL: 0.77
🔥Today, I want to analyze the Jupiter(JUP) project for you; this is one of the trending projects and has recently been listed in the exchanges.
📚What Is Jupiter(JUP)❗️❓
As one of the industry's most advanced swap aggregation engines, Jupiter excels in delivering essential liquidity infrastructure for the Solana ecosystem. Moreover, Jupiter is actively...
