Jupiter Pulls Back From $0.63 With $0.51 As Key Support Level

Jupiter saw strong rejection at $0.63 and has since dropped toward the $0.54 price level on daily charts.

If buyers lose control near $0.51, then the price could revisit the July bottom support zone at $0.39.

JUP remains in a broad range between $0.27 and $0.76, with mid-levels showing high volatility pressure.

Jupiter (JUP) has been rejected at the key $0.63 resistance zone after testing the level on July 28, 2025. The daily chart shows a sharp reaction at that point with price failing to maintain upside pressure. This rejection occurred after a strong upward move from July lows around $0.39.

Strong Resistance at $0.63 Halts Rally Momentum

The price of Jupiter reached a daily high of $0.63, marking a critical test of resistance last seen in early May. Multiple candles now show rejections around this level, signaling the presence of heavy supply from sellers. This zone has proven tough to break through in previous attempts as well.

As of July 28, JUP was trading at $0.54318 with intraday movement ranging between $0.5404 and $0.5443. The quick pullback from $0.63 to the mid-$0.54 level shows how fast momentum can reverse at resistance. The candle structure indicates a rejection wick followed by consistent sell-side pressure.

The daily chart presents horizontal zones drawn at $0.27, $0.39, $0.51, $0.63, and $0.76. This clean structure helps identify the supply and demand levels. A clear failure to break $0.63 suggests a temporary top unless buyers regain control above $0.59.

Traders Eye Support at $0.51 as Price Slips

The pullback has brought price action closer to the mid-range support zone at $0.51. This zone acted as resistance in June and flipped to support after early July. It could serve as the next possible bounce area if current downward pressure continues.

If buyers fail to defend $0.51, the next major support lies around $0.39 which served as the July bottom. Any break below that would change the current bullish structure and indicate a deeper retracement. Traders monitoring the trend will likely wait for signs of strength before entering again.

The overall structure remains within a wide horizontal channel between $0.27 and $0.76. Price remains inside the upper half of this range, keeping the bullish scenario technically valid unless lower support zones fail. But for now, rejection at $0.63 has cooled immediate bullish momentum.

On July 28, Ali (@ali_charts) posted the analysis via TradingView noting that “Jupiter faces strong resistance at $0.63.” His chart clearly identifies the resistance zone and shows a sharp pullback, which aligns with the current price behavior.

Will Bulls Break $0.63 or Slide Back to $0.39?

The key question now facing traders is whether Jupiter will reclaim $0.63 or revisit lower supports like $0.51 and $0.39. The reaction at $0.63 makes it a decisive level for trend continuation or reversal. If bulls regain strength, a daily close above $0.63 could trigger a rally toward $0.76.

However, consolidation beneath resistance increases risk for a further drop if momentum does not return. The next few daily candles will be important to confirm direction. As of now, price continues to fluctuate around $0.54.

If sellers keep dominating, a retest of the $0.51 zone could occur within days. Failure to hold that could drag JUP lower toward the $0.39 level which last acted as a reversal point. Market participants are watching closely to see if buyers defend the higher low structure or if sellers take control again.