Jupiter (JUP) is currently trading at $0.157468, reflecting a 24-hour decline of 1.88%. The price remains within a daily range of $0.156921 to $0.160742, indicating a relatively tight trading band amidst ongoing volatility.

Volume for the last 24 hours stands at 16,751,766, representing 3.28% of the market cap. Despite the recent price drop, the volume suggests continued investor interest, although the lack of significant upward momentum is concerning.

Technical indicators show mixed signals, with short-term moving averages trending downwards: the 8 SMA is at $0.1588 (-0.86%) and the 13 SMA at $0.1586 (-0.74%). In contrast, the 55 SMA at $0.1561 shows a slight positive trend (+0.89%), which may indicate potential support at this level.

The RSI metrics reveal a generally bearish sentiment; the 1-hour RSI is at 44, while the 7-day RSI is at 48, both hovering near the neutral zone but indicating weakness. Additionally, the 7-day and 14-day price changes of -4.49% and -7.00%, respectively, highlight a consistent downward trajectory over the past two weeks.

With a 30-day price change of -18.33%, Jupiter has significantly underperformed in the longer term, suggesting sustained bearish sentiment. The all-time high of $2 in January 2024 appears distant, which could dissuade short-term investors given the current market dynamics.

In summary, despite some signs of support from longer-term moving averages, the overall downward momentum, along with declining RSI values, indicates continued weakness in price action. Therefore, the recommendation for Jupiter (JUP) is to Hold, as market conditions do not currently favor a bullish outlook but may warrant monitoring for potential reversals.