Jupiter's native token JUP increased by 6.9% within 24 hours, with daily trading volume up by 32%, likely due to the release of its Jupiter Mobile V3 update. Although the short-term rebound challenged the $0.20 resistance level, the long-term trend remains bearish. Traders believe that if $0.20 turns into a support level, there is a potential long opportunity with target prices of $0.224 and $0.239, but it is recommended to set strict profit targets.
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Jupiter's native token JUP increased by 6.9% within 24 hours, with daily trading volume up by 32%, likely due to the release of its Jupiter Mobile V3 update. Although the short-term rebound challenged the $0.20 resistance level, the long-term trend remains bearish. Traders believe that if $0.20 turns into a support level, there is a potential long opportunity with target prices of $0.224 and $0.239, but it is recommended to set strict profit targets.