JUP Technical Setup at Crossroads: When Will the Descending Triangle Trigger Its Next Move?

Jupiter (JUP) is currently navigating a critical price compression zone that could determine its near-term trajectory. At the time of writing, JUP is trading at $0.22, down 8.00% over the past 24 hours, though it has managed to gain 3.00% throughout the week. The token’s 24-hour trading volume stands at $755.18K, with a market capitalization of $697.27M, reflecting active market participation as traders await the next significant move.

Technical Indicators Suggest Weakening Bearish Momentum

The current technical backdrop presents an intriguing setup for Jupiter (JUP) price action. The RSI reading of 41.64 remains positioned below the 50 midline, indicating that while downward momentum persists, it is gradually losing steam. This is not yet an oversold condition, but rather a neutral-to-bearish environment that could be vulnerable to reversal.

The MACD indicator reinforces this narrative. With the signal line positioned above the MACD line and histogram bars showing slight negative values, the technical picture suggests that bearish pressure may be waning rather than intensifying. This divergence—where momentum indicators begin to weaken even as prices consolidate lower—has historically been a precursor to directional breakouts.

Adding to this, Jupiter’s price action has formed a notable descending triangle pattern on the 2-day timeframe. Currently, the token is holding just above the $0.35 support region, a level that served as temporary resistance earlier in the consolidation phase. The lower Bollinger Band at approximately $0.3008 continues to provide additional support, creating a compressed trading environment.

The Descending Triangle Setup: What Traders Are Watching

The descending triangle formation represents a classic technical pattern where each successive rally fails to reach the previous highs, creating a series of lower highs that converge toward a horizontal support base. In JUP’s case, this pattern has created what analysts call a “make-or-break” scenario—a critical inflection point where the next directional move will likely signal the beginning of a new trend phase.

If Jupiter (JUP) successfully breaks above this compression zone, a cascade of resistance levels comes into focus. Traders are eyeing potential targets at $0.45, $0.60, $0.76, $0.87, $1.00, $1.15, and ultimately $1.26. Each of these price points represents a potential zone where momentum could either accelerate further or experience temporary consolidation as traders take profits.

Conversely, should bearish pressure persist and push JUP below the $0.35 support level, lower levels would be tested. However, the technical indicators currently suggest this scenario is less likely in the immediate term, given the weakening momentum seen in both the RSI and MACD.

What Comes Next for Jupiter (JUP)?

The outcome of this technical setup has significant implications for short-term traders and medium-term holders alike. The descending triangle pattern coupled with weakening bearish indicators creates an asymmetric risk-reward setup—where a successful upside breakout could deliver multi-leg gains toward $1.26, while downside risk appears more limited near $0.35.

The coming trading sessions will prove decisive. Market participants are essentially waiting for Jupiter (JUP) to choose its direction. If bullish volume emerges and prices break above the resistance zone decisively, the technical setup suggests a clear path toward the identified upside targets. Until that point, the consolidation phase continues to build tension in what traders are monitoring as one of the more defined technical setups in the current market environment.