π JUP has recently exhibited significant market dynamics, breaking out of a descending channel. Currently, the price is in the retesting phase at the support trendline.
π If this retest is successful, JUP is likely to bounce and continue its upward movement towards the target area.
π However, if JUP closes a candle below the support trendline, it could indicate a false breakout.
π In this scenario, there's a potential for the price to reverse its upward momentum and resume a downward movement. This could lead JUP towards the demand area or even lower levels.
π If this retest is successful, JUP is likely to bounce and continue its upward movement towards the target area.
π However, if JUP closes a candle below the support trendline, it could indicate a false breakout.
π In this scenario, there's a potential for the price to reverse its upward momentum and resume a downward movement. This could lead JUP towards the demand area or even lower levels.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREEπ t.me/+IaNzEzXsdiBlNDg0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREEπ t.me/+IaNzEzXsdiBlNDg0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV