Here we are seeing a short term trade setup form for JUP. On the 2H chart we have seen price heavily defended at the $0.78 level with three seperate wicks.
This has created what are known as tweezer bottoms. Of course, its on a lower timeframe, but with a bullish divergence forming on our RSI as well seems like a great trade setup.
On the other hand if we break the $0.78 liquidity zone we could see price fall back to the green line.
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.