Jupiter (JUP) is currently trading at $0.240594, reflecting a 24-hour price decline of 5.081%. The daily price range has fluctuated between a low of $0.228945 and a high of $0.261759, indicating volatility within a narrow band of 0.032814%.

The trading volume over the last 24 hours stands at 53,923,704, which constitutes 6.96% of the market cap. Short-term moving averages reveal a mixed sentiment, with the 8 SMA at $0.2397 showing a slight increase of 0.37%, while the longer-term 55 SMA at $0.2568 reflects a decrease of 6.33%.

Momentum indicators indicate weak market strength; the 1-hour RSI is at 40, suggesting a neutral to bearish trend, while the 7-day RSI is slightly lower at 43. The price has shown significant declines over longer periods, with a 7-day change of -17.54%, a 14-day drop of -34.16%, and a 30-day decrease of -30.60%.

The all-time high for JUP was recorded at $2 on January 31, 2024, highlighting substantial potential upside from current levels. However, the recent price actions and moving averages suggest ongoing bearish pressure that needs to be addressed before considering any upward momentum.

In conclusion, the current technical indicators combined with the negative price trends suggest that JUP is facing significant resistance and bearish sentiment. Therefore, the recommendation is to Hold, as entering at this moment could expose investors to further downside risks until clearer bullish signals emerge.