Technical analysis by ZelfTrade about Symbol JUP: Buy recommendation (10/23/2024)

ZelfTrade

I’m a bit late to this one, but the trend has been confirmed since last week's close. I should have jumped in when I did with RAY.Now we have two options:Buy on a reclaim of $1.11, with a clear invalidation if it falls below that level, or wait for confirmation on a 12-hour trend.An unlikely retest at 92c. If that occurs, I’ll scale in from there, but I doubt we’ll see that opportunity.Targets are set at $1.65 and $3, extending all the way to January 2025. The trend looks strong, making this an easy trade, similar to RAY and SOLANA.JUP Weekly trend active!This is where I expect to see a retrace before the massive trend. I mich rather buy lower than the breakout above $1.11Started buying some here.Got the entry I wanted. Now patience.It seems like it will consolidate here for a couple of days.Moving nicely. If Solana confirmes the monthly trend, this one will moon!