#Gate蓝龙虾重磅上线 【$JUP Signal】Short Squeeze! 1H Rebound Fails, 4H Downtrend Continues

$JUP 1H level rebound to the key resistance zone, but volume diminishes. The 4H level remains in a clear downtrend channel, presenting an excellent shorting opportunity on the rebound.

🎯Direction: Short

⚡Entry/Order: 0.1665 - 0.1670

🛑Stop Loss: 0.1685

🚀Target 1: 0.1620

🚀Target 2: 0.1580

🛡️Trade Management:

- Execution Strategy: After the price reaches Target 1, reduce position by 50% and move the stop loss near the entry price to lock in profits. Hold the remaining position for Target 2. If the price rebounds and breaks above the 1H high, stop out unconditionally.

Depth Logic: The price has consecutively closed lower on the 4-hour chart and has broken below key moving average support, indicating the overall trend is weakening. Although there is a slight rebound on the 1-hour chart, trading volume remains stable and does not increase with the price rise, showing insufficient bullish momentum. Order book data shows selling pressure concentrated above 0.1670. The rebound to this area is an ideal trap for bears. RSI on the 1-hour level shows weak rebound momentum, confirming exhaustion of buying power.

View real-time market 👇 $JUP

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