Technical analysis by nunooo94 about Symbol JUP: Buy recommendation (8/22/2024)

JUPUSDT has been consolidating in the area between the 0,73-0,78, trying to break the resistance that is seating in the 0,8 level.Today, we got the confirmation on the MACD, in the Daily Timeframe, with the signal line being crossed. On the way down, JUP left an area that was not tested between the 0,9-0,95 that could lead the bulls wanting to test that price area. On the way, we expect some strong resistance levels seating on the levels of the 0,84 and 0,9. And if we manage to hold this levels, there is still potential to hit the 1usdt and more. Huge potential trade with low risk considering the market sentiment shit.