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Jupiter (JUP) Price Recovering Nicely: Must Break Key Level This Week to Sustain Rally

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2024-11-09 06:54:23407browse

Jupiter (JUP) has been recovering this week after it bounced off a key level at around $0.8. Now it is breaking out of a major descending trendline

Jupiter (JUP) Price Recovering Nicely: Must Break Key Level This Week to Sustain Rally

Jupiter (JUP) encountered a rejection but found support at a designated orange zone, enabling a rebound and the beginning of a rally. For this upward momentum to continue, JUP must achieve a weekly close above both the blue diagonal trendline and the red resistance level.

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