BITmarkets Team
Apr 29, 2026
This development raises the question of whether the recent move could evolve into a more sustained recovery or remain a short-term rebound within a broader consolidation phase.

JUPUSD - 1 Day Time Frame
JUP has established a key support zone near $0.17, which is currently acting as the main structural base. The formation of this area suggests that buyers are actively defending this level, which may help maintain the current upward structure as long as price remains above it.
From a technical perspective, the next levels to monitor are located near $0.245, $0.28, and $0.375. These areas represent potential resistance zones, where price previously encountered selling pressure and where market activity could increase if revisited. If momentum continues to build, price could gradually move toward these levels. However, each zone may act as a barrier, requiring sustained buying pressure for further continuation.
On the downside, a move below the $0.17 support zone could weaken the current structure. A daily close below this level may indicate a shift in short-term sentiment and increase the likelihood of further downside.
If JUP maintains its current structure and buying interest persists, price could attempt to move toward $0.245 as the first upside level. A sustained move above this area may open the path toward $0.28, followed by a broader resistance near $0.375 if momentum remains supportive.
Conversely, if selling pressure increases and price falls below $0.17, the market could shift toward a more bearish outlook. In that case, the next areas to monitor lie near $0.135 and $0.110, where price may find potential support.
From a broader perspective, JUP appears to be in a recovery phase following recent gains. While the structure remains constructive for now, confirmation of continued upside would likely depend on price maintaining acceptance above the key support zone.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.