Jupiter (JUP) is currently trading at $0.226313, reflecting a significant decline of 9.06% over the past 24 hours. The daily trading range has been tight, with a high of $0.254167 and a low of $0.22492, indicating increased volatility and bearish sentiment in the short term.

The volume stands at 35,010,161 JUP, which corresponds to a volume-to-market cap ratio of 4.93%, suggesting moderate trading activity relative to its overall market capitalization. The short-term moving averages are all showing negative trends, with the 8 SMA at $0.2351 and the 55 SMA at $0.2464, all indicating a bearish outlook as they are trending downward.

The 1-hour RSI is extremely low at 11, signaling an oversold condition that could lead to a potential short-term rebound. Conversely, the 7-day RSI at 45 indicates that JUP is nearing neutral territory, while the 14-day and 30-day price changes show significant declines of approximately 19% and 45%, respectively, reflecting a longer-term bearish trend.

Given the technical indicators, including the consistently declining moving averages and the extremely low RSI, the market sentiment is currently bearish. However, the oversold condition in the short term could prompt a short-lived recovery.

In conclusion, JUP exhibits strong downward momentum with limited immediate bullish signals, making it a candidate for caution. Based on this analysis, a Hold rating is recommended, as traders may want to wait for a clearer reversal pattern before considering a Buy or Sell decision.