Jupiter (JUP) is currently trading at $0.189156, reflecting a 24-hour decline of 4.47%. The price has fluctuated between a high of $0.208393 and a low of $0.187124 in the last 24 hours, indicating a relatively tight daily range of 0.021269%.

The trading volume stands at approximately 63.26 million JUP, with a volume-to-market cap ratio of 10.30%, suggesting healthy market activity. However, the negative daily change and the recent trend show a 7-day price drop of 12.51%, coupled with a 14-day decline of 2.63% and a 30-day decrease of 11.75%, indicating bearish momentum.

Technical indicators reveal that the 1-hour Relative Strength Index (RSI) is at 29, suggesting that JUP is in oversold territory in the short term. The short-term moving averages are also indicating a downward trend, with the 8 SMA at $0.1917 and 13 SMA at $0.1932, both showing negative percentage changes.

Despite JUP's long-term potential, as evidenced by its all-time high of $2 on January 31, 2024, the current market conditions are not favorable. The lack of positive momentum and the oversold RSI indicate that the asset may continue to face downward pressure in the near term.

Given the current bearish trends and technical indicators, the recommendation for Jupiter (JUP) is to Hold. This strategy allows for potential recovery in case of market reversal while avoiding immediate losses from further declines.