MyCryptoParadise_Nathan

JUP/USDT Breakout Alert! Indicating the Upward Momentum ??

BINANCE:JUPUSDT   JUP / TetherUS
💎 JUP has recently exhibited significant market dynamics, breaking out of a descending channel. Currently, the price is in the retesting phase at the support trendline.

💎 If this retest is successful, JUP is likely to bounce and continue its upward movement towards the target area.

💎 However, if JUP closes a candle below the support trendline, it could indicate a false breakout.

💎 In this scenario, there's a potential for the price to reverse its upward momentum and resume a downward movement. This could lead JUP towards the demand area or even lower levels.

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