Jupiter (JUP) is currently trading at $0.164793, reflecting a 24-hour decline of 2.79%. The price has fluctuated between a 24-hour high of $0.170633 and a low of $0.158928, indicating a daily range of approximately 7.0%.

The trading volume stands at 33,439,801, which corresponds to 6.25% of the market cap, suggesting moderate market activity. The hourly moving averages indicate a short-term bearish trend with the 8 SMA at $0.1672, down 1.46%, while the 55 SMA is showing slight bullish momentum at $0.1634, up 0.84%.

The 1-hour RSI is at 63, suggesting that the asset may be approaching overbought territory, while the 7-day RSI is at 46, indicating neutral momentum. Over the past week, JUP has decreased by 7.45%, and on a longer timeframe, it has seen a 14-day price change of -17.24% and a 30-day change of -22.72%, reflecting sustained downward pressure.

The all-time high for JUP remains significantly above the current price at $2, reached in January 2024, indicating potential long-term upside if the market conditions improve. However, the persistent negative price changes highlight a bearish sentiment that may limit short-term recovery.

Given the current technical indicators, short-term bearish momentum alongside longer-term downtrends suggests caution for new entries. Therefore, the recommendation is to Hold JUP until clearer bullish signals emerge, particularly a consistent breakout above the 8 SMA and an improvement in RSI metrics.