@ennuka
Review of JUP, timeframe 4H.
There's an interesting picture here. After a prolonged dump, JUP shows signs of seller weakness, although the overall structure remains downward. Currently, the price is stuck in a local range of $0.1900 - $0.2000.
We see that the market has marked a Weak Low around $0.1700. A major player could use this liquidity as fuel for a strong movement.
There are two working plans:
š« Aggressive long: A bounce from the current demand zone ($0.1900) with targets at $0.2350, where the first Supply zone awaits us.
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Conservative long: Absorbing liquidity under the Weak Low. If the price falls to $0.1700 - $0.1750 and quickly recovers, this is an ideal setup for entry. The targets in this case will be much higher, up to the $0.2800 zone.
It's important to monitor the reaction at the first test of the Supply at $0.2350. If we break through it, the movement will be strong.
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