Jupiter's (JUP) price retested the support area between $0.637 and $0.708 on Monday and surged 12.5% over the next two days, trading at $0.878 on Thursday, 10% above its opening price.
Jupiter 's price recovers after retesting the support zone between $0.637 and $0.708. Artemis data shows that JUP's perpetual trading volume reaches a new ATH of $1.7 billion. A daily candlestick close below $0.637 would invalidate the bullish thesis. Jupiter 's price retested the support area between $0.637 and $0.708 on Monday and surged 12.5% over the next two days, trading at $0.878 on Thursday, 10% above its opening price.
If bulls are indeed making a comeback, both momentum indicators must maintain their positions above their respective mean levels of 50 and zero. This would add a tailwind to the recovery rally. JUP/USDT daily chart Meanwhile, Artemis Terminal data shows that Jupiter's perpetual trading volume hit a new all-time high of $1.7 billion on Monday, indicating heightened interest and engagement from traders and increased liquidity.
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