JUP might finally be gearing up for a move. After weeks of quiet trading between $0.43 and $0.45, the chart is starting to flash signs that something big could be coming.
On X, trader Cloudz summed it up perfectly with a single question: “Are we about to witness the $JUP bounce?” Judging by how the chart looks right now, that bounce might be closer than most expect.
What you'll learn 👉
JUP Tightens Up as Buyers Step In
If you take a look at the 4-hour chart, JUP price has been forming a tight ascending triangle pattern. That means price is pressing against resistance around $0.45, while each dip is getting bought up a little higher than before.
The 100 SMA near $0.36 has been holding strong too, it has acted like a springboard every time sellers tried to push lower.
These setups usually don’t last long. When the JUP price gets squeezed like this, a breakout tends to follow and all signs are pointing to that moment getting close.
Accumulation Quietly Builds as JUP Price Holds Its Ground
The Birdeye chart makes the picture even clearer. Those green “B” signals the buy clusters have been stacking up since mid-October.
Despite the lack of huge spikes, that steady accumulation shows strong hands have been loading up under $0.45.
If bulls manage to push through that resistance, things could move fast. A confirmed breakout could take the JUP price to $0.55-$0.60 pretty quickly, and start a stronger rally, maybe even stretch toward $0.70.
Support Levels and Momentum to Watch
For now, the main level to hold is around $0.36-$0.38. If that area breaks, the bullish setup falls apart, and JUP price could drift back to the $0.30 zone. But as long as it stays above $0.40 and climbs past $0.45, that would confirm a short-term trend reversal.
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Momentum is also on Jupiter’s side. RSI looks neutral, meaning there’s still plenty of room for another leg up before the market gets overheated. It’s the perfect environment for a potential bounce if the volume starts kicking in.
What’s Next for JUP?
Jupiter has been quiet for a while, but the pressure is clearly building. The JUP price structure looks solid, buy volume is creeping higher, and technicals are hinting at a move.
If bulls can finally push it above $0.45, this could be the start of a new rally, and Cloudz’s call for a JUP bounce might turn out to be right on time.
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