Jupiter (JUP) is currently trading at $0.153284, reflecting a notable 10.76% increase over the last 24 hours. The price has fluctuated between $0.137124 and $0.154898 in the same timeframe, indicating a daily range of 11.80%, which showcases heightened volatility.

The trading volume for JUP stands at 53,616,270, representing 10.78% of its market cap. This volume level is robust, suggesting increased investor interest and potential for further price movements, especially as the market approaches key resistance levels around the recent high of $0.154898.

Technical indicators reveal an 8-hour Simple Moving Average (SMA) at $0.1470, indicating a bullish trend with a 4.25% increase. However, the 1-hour RSI at 78 suggests overbought conditions, which may lead to a short-term price correction, while the 7-day RSI at 45 indicates a lack of momentum in the medium term.

From a longer-term perspective, JUP has experienced significant declines, with a 7-day price change of -9.55%, a 14-day decline of -24.54%, and a 30-day drop of -34.13%. This trend reflects underlying bearish sentiment, despite the recent daily gains, and raises concerns about sustainability in the upward momentum.

The all-time high for JUP remains at $2, achieved on January 31, 2024, indicating substantial room for growth if the market sentiment shifts positively. However, the current price is significantly below this level, which may deter short-term investors looking for immediate returns.

Given the current overbought status indicated by the RSI and the recent strong upward movement against the backdrop of longer-term declines, a cautious approach is warranted. Therefore, the recommendation is to Hold JUP at this time, as potential profit-taking and short-term corrections may occur, while keeping an eye on volume and market sentiment for future opportunities.