⭐️$JUP has been correcting within a descending parallel channel for a long time.

The lower boundary (~0.15-0.16) is currently being tested.

⭐️From here, a rebound → movement to the channel's middle/upper band (0.20-0.25)

⭐️If a breakout occurs, 0.12-0.14 could be tested (but low probability, volume is still strong)

As the Solana ecosystem continues to grow, Jupiter's swap volume is breaking records. This is very bullish for $JUP in the long term.

Do you think the breakout will be upwards, or is a bit more patience needed?

#JUP #Solana #CryptoAnalysis #DeFi #jupiter

JUP

0.1526

+6.63%