Thoughts on $JUP :
$JUP has broken down from a clearly defined ascending channel on the 4H timeframe, signaling a shift in market structure. JUP lost the lower channel support with strong bearish momentum, accompanied by an expansion in sell-side volume. This breakdown also places JUP below the channel midline and short-term moving averages, confirming weakening bullish control after a prolonged grind higher.
As long as $JUP remains below the broken channel support, the bias stays bearish. Any short-term bounce into the former support zone is likely to act as resistance and offer rejection. Continuation to the downside becomes more probable if JUP fails to quickly reclaim the channel, while a recovery back above the lower trendline would be required to invalidate the bearish setup