【$JUP Signal】Wait and watch for pending orders to catch a rally

$JUP 1H momentum contraction, RSI 78 still in the high zone, 4H Bollinger upper band at 0.2503 has been broken. Buying depth of 1.39 indicates active support below, but funding rate of -0.017% suggests limited bearish pressure. Current price of 0.2533 is just one step away from the upper limit of the suggested entry zone at 0.2520, leaving very little room for chasing longs.
🎯Direction: Wait and watch (Pending orders)
⚡Entry/Pending order: 0.2400 - 0.2450 range waiting for a pullback to place orders
🛑Stop loss: 0.1991
🚀Target 1: 0.2531
🚀Target 2: 0.2542
🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Depth logic: 1H MACD histogram contracting, buying momentum weakening. 4H bullish trend not broken, but after intraday high-volume trading, signs of a high open and low decline appear. Objectively assess risk-reward ratio, with a distant stop loss, strict position control required.
View real-time market 👇 $JUP
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