【$JUP Signal】Long - 1H breakout retest confirmation, clear signs of funds supporting the market

$JUP The 1H timeframe is consolidating strongly above EMA20 (0.1553), just broke out with volume and retested the previous high at 0.1595. The 4H timeframe is holding above EMA50 (0.1548), forming a short-term upward channel, and momentum is building. With negative funding rates, open interest remains stable, prices are firm, and there is potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1595 - 0.1600 (Reason: 1H breakout retest confirmation zone, EMA20_1H dynamic support )

🛑Stop loss: 0.1570 (Reason: Break below 1H previous low and EMA20_1H support, ATR-based stop loss )

🚀Target 1: 0.1625 (Reason: Recent 4H previous high resistance level )

🚀Target 2: 0.1650 (Reason: 1.618 Fibonacci extension level, near the daily downtrend line )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot coins are highly volatile, risk control is necessary )

- Execution strategy: Reduce 50% of the position after reaching Target 1, and move stop loss up to entry at 0.1595. For the remaining position, aim for Target 2; if the price falls below the trailing stop, exit all.

Depth logic: Market depth shows buy orders are unusually thick in the 0.158-0.159 range (depth imbalance 12.52%), indicating strong support from major funds. The 1H RSI (69.34) is high but not overbought, leaving room for further upward movement. Negative funding rates combined with rising prices are typical signals of a short squeeze initiation. The buy/sell ratio on the 4H chart has shifted to 0.58 in the latest candle, indicating a return of buying strength.

Trade here 👇 $JUP

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