Technical analysis by milad-bit24 about Symbol JUP on 10/27/2025

The asset, after a sharp sell-off on October 11th, has since shown a strong recovery with a rounded bottom and upward trend. It is trading well above its SMA50, indicating strong short-term bullish momentum. Support Levels: 1. Immediate Support: $0.4230 - Crucial for sustaining the recovery phase. 2. Major Support: $0.4044 - Acts as support if immediate level fails; falling below signals loss of momentum. 3. Key Mid-Range Support:*$0.3745 - Critical to avoid reversal into consolidation zone. Resistance Levels: 1. Primary Resistance: $0.4815 - Important hurdle; breaking this confirms recovery. 2. Next Major Target: $0.5112 to $0.5200 - Key resistance area following a break above $0.4815. Bullish Scenario: Holding $0.4230 supports likely breakout above $0.4815, targeting $0.51-$0.52. Bearish Scenario: Breakdown below $0.4230, especially with high volume, may test support at $0.4044 and prompt a correction. Key Action: Look for breakout above $0.4815 to confirm next upward move.