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Technical analysis by cihanbaytur about Symbol JUP: Buy recommendation (2/5/2024)

https://sahmeto.com/message/946071
cihanbaytur
cihanbaytur
Rank: 20519
1.4
Buy،Technical،cihanbaytur

I think it is cheap right now, as predicted on the chart, a 5% pullback from here looks like a buying opportunity, I think we do not see much volatility due to the team's DLMM price projection. Pricing above 0.7 in these buying and selling actions, which they will close on Wednesday, will leave a profit of $250 million for the team. With this profit, they create funds to use in future operations, which is the reason why this DLMM pool exists. It would be reasonable to expect a figure above or at least close to 0.7 by Wednesday. I plan to view every bottom below 0.54 as a long opportunity and take action.

Translated from: Turkish
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$0.0061328
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