JUP 4H Descending Channel | Pressure Building at Support🪄🚀🙏💫

JUP is trading within a clear descending channel on the 4H timeframe, with consistent lower highs defining the upper boundary and repeated reactions at the lower trendline.
Price is currently hovering near $0.14, aligning with channel support. Historically, reactions here have produced short-term bounces, but the broader structure remains bearish unless the upper boundary is reclaimed.
If support fails, continuation toward lower liquidity pockets becomes likely.
If buyers defend this zone, a corrective move toward mid-channel resistance around $0.155–$0.160 could unfold.
The reaction at the lower trendline will define the next move.$JUP ‌