Is a Jupiter (JUP) Rally Approaching? Chart Signals Point to Potential Bounce

Recent quiet trading for JUP ($0.43-$0.45) has begun to shift, with chart patterns suggesting a potential price surge is on the horizon. Analyst Cloudz’s question, “Are we about to witness the $JUP bounce?”, may be answered soon if current trends hold. 4-hour chart analysis shows JUP forming a tight ascending triangle pattern, encountering resistance around $0.45 as buyers step in after each dip. The 100 SMA near $0.36 has also acted as a springboard during attempts to push prices lower. This pattern usually leads to a breakout, and recent signs suggest this moment is approaching.