Jupiter Crypto Chart Signals Reversal: Breakout Setup Targets $1.25
The post Jupiter Crypto Chart Signals Reversal: Breakout Setup Targets $1.25 appeared on BitcoinEthereumNews.com. TLDR: Jupiter draws a double bottom around $0.45–$0.50, signaling a bullish reversal setup. Price nears neckline at $0.64, where a clean breakout could confirm the pattern. Analysts eye $1.25 as the measured move target after breakout and retest. Volume and daily close above resistance will be key to confirming the rally. Jupiter (JUP) is back on traders’ watchlists after forming a textbook double bottom pattern on the daily chart. This technical setup often signals a bullish reversal, and the price action is beginning to support that view. The current price is moving steadily toward a key resistance zone, suggesting that breakout momentum could be building. Analysts are now watching for a clean break and retest of this zone to confirm the trend. With traders preparing for a potential rally, the next few days may prove crucial for JUP. Jupiter Forms Bullish Reversal Pattern According to crypto analysis group Bitcoinsensus, JUP has drawn two distinct lows, first near $0.45 and another around $0.50, forming a classic double bottom. This structure typically indicates exhaustion of selling pressure and growing interest from buyers. The neckline of the pattern is around $0.64, a level that has become the key resistance to watch. Recent upward movement has pushed JUP to around $0.557, getting closer to the neckline. Market participants are now looking for a daily candle close above this level, which would mark the official breakout signal. A clean break and confirmation may validate the pattern and suggest a longer-term trend reversal. $JUP/USDT – DOUBLE BOTTOM CONFIRMATION LOADING… Jupiter (JUP) just printed a textbook Double Bottom on the daily chart — and we’re seeing signs of breakout momentum. Pattern: Double Bottom Neckline: ~$0.64 Current Price: $0.557 Next Moves:1. Break above neckline… pic.twitter.com/vdModTuX6u — Bitcoinsensus (@Bitcoinsensus) July 18, 2025 Retest Could Define the Next Move The…
The post Jupiter Crypto Chart Signals Reversal: Breakout Setup Targets $1.25 appeared on BitcoinEthereumNews.com.
TLDR: Jupiter draws a double bottom around $0.45–$0.50, signaling a bullish reversal setup. Price nears neckline at $0.64, where a clean breakout could confirm the pattern. Analysts eye $1.25 as the measured move target after breakout and retest. Volume and daily close above resistance will be key to confirming the rally. Jupiter (JUP) is back on traders’ watchlists after forming a textbook double bottom pattern on the daily chart. This technical setup often signals a bullish reversal, and the price action is beginning to support that view. The current price is moving steadily toward a key resistance zone, suggesting that breakout momentum could be building. Analysts are now watching for a clean break and retest of this zone to confirm the trend. With traders preparing for a potential rally, the next few days may prove crucial for JUP. Jupiter Forms Bullish Reversal Pattern According to crypto analysis group Bitcoinsensus, JUP has drawn two distinct lows, first near $0.45 and another around $0.50, forming a classic double bottom. This structure typically indicates exhaustion of selling pressure and growing interest from buyers. The neckline of the pattern is around $0.64, a level that has become the key resistance to watch. Recent upward movement has pushed JUP to around $0.557, getting closer to the neckline. Market participants are now looking for a daily candle close above this level, which would mark the official breakout signal. A clean break and confirmation may validate the pattern and suggest a longer-term trend reversal. $JUP/USDT – DOUBLE BOTTOM CONFIRMATION LOADING… Jupiter (JUP) just printed a textbook Double Bottom on the daily chart — and we’re seeing signs of breakout momentum. Pattern: Double Bottom Neckline: ~$0.64 Current Price: $0.557 Next Moves:1. Break above neckline… pic.twitter.com/vdModTuX6u — Bitcoinsensus (@Bitcoinsensus) July 18, 2025 Retest Could Define the Next Move The…
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