Trade Setup: JUP Long Position
Market Context:
JUP is showing signs of a trend reversal, reclaiming a key area as support with a notable spike in volume. The 4-hour chart indicates a shift in structure with a higher high, suggesting a potential uptrend.
Trade Setup:
Entry: Ladder into a buy around the $0.8 zone.
Take Profit:
First target: $1.1
Second target: $1.3
Third target: $1.4
Stop Loss: Place the stop loss at a daily close below $0.7.
📊 Monitor for any pullbacks into the buy zone and adjust your entry accordingly! #JUP #CryptoTrading #TrendReversal 🎯
JUP is showing signs of a trend reversal, reclaiming a key area as support with a notable spike in volume. The 4-hour chart indicates a shift in structure with a higher high, suggesting a potential uptrend.
Trade Setup:
Entry: Ladder into a buy around the $0.8 zone.
Take Profit:
First target: $1.1
Second target: $1.3
Third target: $1.4
Stop Loss: Place the stop loss at a daily close below $0.7.
📊 Monitor for any pullbacks into the buy zone and adjust your entry accordingly! #JUP #CryptoTrading #TrendReversal 🎯
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