Jupiter (JUP) is currently priced at $0.194639, reflecting a slight increase of 0.3187% over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.195652 and a low of $0.183696, indicating some short-term volatility but overall stability in this price segment.

The trading volume for JUP stands at 26,218,107, with a volume-to-market cap ratio of 4.30%, suggesting moderate trading activity relative to its market capitalization. Technical indicators show that while short-term moving averages (8 SMA and 13 SMA) are trending positively, the 55 SMA has turned negative, indicating potential resistance at $0.1956.

The 1-hour RSI is at 69, suggesting that JUP is approaching overbought conditions, while the 7-day RSI at 40 indicates bearish momentum over a longer time frame. Moreover, JUP has seen significant price declines over the past 30 days, dropping approximately 32%, which reflects broader market challenges and negative sentiment.

From a fundamental perspective, JUP's all-time high was recorded at $2 on January 31, 2024, indicating substantial room for recovery if market conditions improve. However, current price action and technical indicators suggest that the asset is still under significant pressure, with a history of declining prices over the past two weeks.

Given the mixed signals from the technical indicators, coupled with a strong bearish trend over the past month, the recommendation is to Hold JUP. This approach allows for observation of potential stabilization or reversal patterns before making a decisive entry or exit, especially considering the proximity to overbought levels in the short term.