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JUP/USDT
$0.4121
Slight bullish momentum but testing resistance near the upper Bollinger Band.
Support Zone: Around $0.4000 (marked by the horizontal line).
Resistance: Around $0.4190–$0.4200 zone (multiple rejections vis
✅ Entry Strategy Suggestion:
🔼 Long (Buy) Entry:
Entry: If price closes above $0.4150 with strong bullish candle and volume.
Stop-Loss (SL): Below SMA or recent support → around $0.4070–$0.4080.
Target (TP):
First target: $0.4200
Second target: $0.4270–$0.4300 if momentum continues.
🔽 Short (Sell) Setup (if rejection confirmed):
Entry: If rejected again near $0.4150–$0.4180 with a bearish engulfing candle.
SL: Just above the upper band (~$0.4200).
TP: $0.4050, extended target $0.4000