Market Overview for Jupiter/Tether (JUPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Saturday, Jan 3, 2026 7:11 am ET1min read
JUP
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Aime RobotAime Summary

- JUPUSDT broke below 0.2100 with bearish engulfing patterns and strong volume, confirming a key support zone at 0.2050–0.2070.

- RSI entered oversold territory near 30 after hitting 0.2053, but MACD remained bearish with declining momentum.

- Bollinger Bands narrowed before the sharp sell-off, followed by a brief lower band break at 0.2047 amid high volatility.

- Volume surged during breakdowns but diverged from price near 0.2050–0.2070, signaling potential liquidity absorption risks.

- Fibonacci analysis highlights 0.2059 as critical support and 0.2120 as near-term resistance amid thin liquidity conditions.

Summary
• Price action on

JUPUSDT
showed a key reversal near 0.2100, with bearish momentum resuming after a brief bullish countertrend.
• Volume spiked significantly during early UTC+0 hours, confirming the breakdown below prior support levels.
• RSI entered oversold territory below 30, suggesting potential short-term consolidation or a rebound from recent lows.
• Bollinger Bands tightened before the sharp downward move, indicating a period of low volatility preceding increased activity.
• Turnover diverged from price in the final hours, raising caution about liquidity absorption in the 0.2050–0.2070 zone.

Jupiter/Tether (JUPUSDT) opened at 0.2089 on 2026-01-02 12:00 ET, hit a high of 0.2143, a low of 0.2047, and closed at 0.2063 at 12:00 ET the next day. Total volume for the 24-hour period was approximately 6.52 million, with notional turnover of $1.47 million.

Structure & Key Levels


Price action showed a breakdown below the 0.2100 psychological level, with a bearish engulfing pattern evident in the early UTC hours. A key support level appears to have formed in the 0.2050–0.2070 range, as price tested this area twice with mixed volume confirmation. A doji formed near 0.2082, signaling indecision in the short term.

Moving Averages and Momentum


On the 5-minute chart, the 20- and 50-period moving averages crossed bearishly, reinforcing the downward bias. RSI dipped into oversold territory near 30 after the 0.2053 low, suggesting a potential near-term rebound or consolidation. However, MACD remained bearish, with the line and histogram trending downward.

Volatility and Bollinger Bands


Bollinger Bands narrowed before the sharp sell-off, indicating a period of low volatility and expectation of movement. Price broke below the lower band briefly near 0.2047, showing strong volatility. The upper band remained near 0.2137, a recent resistance level that failed to hold.

Volume and Turnover


Volume surged during the breakdown below 0.2100 and again during the 0.2047 low. Turnover, however, did not fully confirm the lows, suggesting partial absorption of selling pressure. The divergence between price and turnover in the final hours of the 24-hour window raises concerns about liquidity in the 0.2050–0.2070 range.

Fibonacci Retracements


Recent 5-minute swings indicated a potential 61.8% retracement level around 0.2059, which aligns with a key support identified in volume data. Daily Fibonacci levels also suggest a potential 38.2% retracement at 0.2120, a level that may act as near-term resistance.

JUPUSDT appears to have entered a bearish phase with strong support near 0.2050–0.2070. While RSI suggests a potential bounce, momentum remains bearish. Traders should monitor volume behavior around these levels. Liquidity may be thin, increasing the risk of sharp moves in either direction over the next 24 hours.