🚨 Technical analysis of the $JUP currency | Daily frame

🔹 Current price: 0.1528$ 📈 (+6.94% in the last 24 hours)

– It is moving within a clear downward trend with continued formation of lower highs and lower lows, confirming the sellers' control over the overall direction.

– A clear break of previous support areas with accelerating negative momentum, reflecting the weakness of any real rebound attempts so far.

– The area 0.1412$ – 0.1369$ represents major support / demand.

– It is moving below the 50 level at 46.25, reflecting the weakness of the current momentum.

🔼 Positive scenario (upward):

In case of stabilization and breaking above 0.1773$

🎯 0.1773$ – 0.1888$ – 0.2115$

🔽 Negative scenario (downward):

In case of breaking 0.1412$ with a daily close

❌ 0.1412$ – 0.1369$ – 0.1205$

📌 Note: Any upward movement towards resistance areas is considered a correction within the downward trend unless it is broken and stabilized above it.

⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.