Technical analysis by jonnieking about Symbol JUP on 5/17/2025

wtf happened to JUPIt was once heralded at the leading DEX in web3 on the premier blockchain, but dumped ~75% from ATH with only a 57% rally. Couldn't even make a run at the 200DMA, but retesting the 50 soon.needs to have a big dally soon above the .236 fib to test the 200DMA. A breakthrough is a strong reversal confirmation. market cap is about 60% cheaper than UNI so im liking the value here.