$JUP Potential Breakout
JUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If
BTC stabilizes or range a bit, this could create a space for altcoins to rally.
The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If
BTC stabilizes or range a bit, this could create a space for altcoins to rally.The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
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