Jupiter just had a perfect retest of its key liquidity zone. This zone ranges from $0.57-$0.65 with a median line around $0.62.
We saw price briefly wick into that liquidity zone and have seen a massive bounce. This shows there is strong demand and old resistance has been flipped into new support.
We also wee a perfect bounce off oversold conditions at the 30 on our 1D RSI.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.