$JUP just lost a key level and the chart is starting to look dangerous.



Breakdown confirmed.

Buyers failed to defend support.

Momentum is shifting to the bears.

Any weak bounce could be a trap.

Lower levels are now firmly in sight.

The structure has changed, and pressure keeps building.

Staying cautious here. A sharp move down could be closer than most expect.
JUP4.70%
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WaitingForConfirmationUnderThe
· 06-10 21:28
This kind of fake breakout is the most disgusting; false breakouts are genuine dumps, experienced traders all understand.
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YieldKaraoke
· 06-08 14:47
Where do you see the target position below? 0.8 or 0.6
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OffshoreWindOrder
· 06-08 11:58
Any rebound is a chance to reduce positions; don't catch falling knives.
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TokenomicsTailor
· 06-08 11:40
Structural damage + decline in energy capacity, short-term bearish outlook
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OnchainComplainer
· 06-08 11:40
The short-term momentum has picked up, and this correction may not be over yet.
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AMirroredSphereReflectingThe
· 06-08 11:40
The support level didn't hold, which is indeed disappointing. I'll wait and see.
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