【$JUP Signal】Pullback to go long! 1H oversold rebound trading, 4H key support test
$JUP The 1H timeframe has entered the oversold zone, with the price encountering dense buy orders around 0.1520, and the 4H timeframe is testing the lower boundary of the previous consolidation range. Currently, the price is declining but open interest remains stable, indicating not institutional dumping but rather a passive stop-loss triggered by bulls, creating a short-term rebound opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1518 - 0.1522 (Reason: Dense trading zone at the lower boundary of the 1H level, order book shows accumulation of buy orders )
🚀Target 1: 0.1550 (Reason: 1H EMA20 resistance and previous small platform )
🚀Target 2: 0.1575 (Reason: Starting point of the previous downtrend on the 4H level, strong resistance zone )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 4H trend remains bearish, this is a rebound play against the small trend in favor of the larger trend )
- Execution strategy: If the price rebounds to around 0.1545 (near 1H EMA20), consider reducing position by 30%, and push remaining position to break-even stop-loss. If the price quickly hits resistance around 0.1550-0.1560, exit all positions.
Deep logic: The 1H RSI has fallen to 33.5, entering oversold territory, indicating a need for technical correction. Order book data shows a large volume of buy orders in the 0.1510-0.1520 range (over 2 million USD), forming a short-term “iron bottom.” Although the 4H trend is downward, open interest remains stable, and the funding rate is slightly negative, limiting downside pressure. Combined with the long lower shadow on the 1H candlestick near 0.1520, indicating active support from funds at this level. This is a short-term sniper based on support and oversold signals.
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【$JUP Signal】Pullback to go long! 1H oversold rebound trading, 4H key support test
$JUP The 1H timeframe has entered the oversold zone, with the price encountering dense buy orders around 0.1520, and the 4H timeframe is testing the lower boundary of the previous consolidation range. Currently, the price is declining but open interest remains stable, indicating not institutional dumping but rather a passive stop-loss triggered by bulls, creating a short-term rebound opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1518 - 0.1522 (Reason: Dense trading zone at the lower boundary of the 1H level, order book shows accumulation of buy orders )
🛑Stop-loss: 0.1505 (Reason: Breaking below recent 4H lows and key round numbers invalidates bullish structure )
🚀Target 1: 0.1550 (Reason: 1H EMA20 resistance and previous small platform )
🚀Target 2: 0.1575 (Reason: Starting point of the previous downtrend on the 4H level, strong resistance zone )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 4H trend remains bearish, this is a rebound play against the small trend in favor of the larger trend )
- Execution strategy: If the price rebounds to around 0.1545 (near 1H EMA20), consider reducing position by 30%, and push remaining position to break-even stop-loss. If the price quickly hits resistance around 0.1550-0.1560, exit all positions.
Deep logic: The 1H RSI has fallen to 33.5, entering oversold territory, indicating a need for technical correction. Order book data shows a large volume of buy orders in the 0.1510-0.1520 range (over 2 million USD), forming a short-term “iron bottom.” Although the 4H trend is downward, open interest remains stable, and the funding rate is slightly negative, limiting downside pressure. Combined with the long lower shadow on the 1H candlestick near 0.1520, indicating active support from funds at this level. This is a short-term sniper based on support and oversold signals.
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