Jupiter (JUP) is currently trading at $0.221891, reflecting a 4.62% decline over the past 24 hours. The daily price range has been relatively narrow, with a high of $0.238108 and a low of $0.220408, indicating limited volatility in the short term.

Trading volume stands at approximately 30,198,545, which represents 4.26% of its market cap, suggesting moderate trading activity. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.2245 and the 13 SMA at $0.2257 both showing declines, while the longer-term 144 SMA at $0.2138 has seen a positive change of 3.77%, indicating potential support.

The 1-hour RSI is at 32, placing JUP in the oversold territory, which could suggest a short-term rebound is possible. In contrast, the 7-day RSI at 57 indicates a more balanced sentiment over a longer timeframe, reflecting recent positive momentum with a 7-day price change of 16.92%.

Despite a recent uptick in price over the past two weeks (14-day change of 18.42%), the 30-day change shows a slight decline of 2.71%, hinting at potential resistance levels around the current price. The all-time high of $2 achieved earlier this year remains significantly distant, and current price action suggests that traders should be cautious.

Given the recent price decline, bearish moving averages, and the oversold condition indicated by the 1-hour RSI, the recommendation is to hold. This strategy allows for potential recovery while monitoring for reversal signals, as the longer-term outlook may stabilize given the recent upward momentum over the past week.