Jupiter Staked SOL (JUPSOL) is currently trading at $156.85, reflecting a slight decline of 1.27% over the past 24 hours. The daily price range shows volatility with a high of $163.73 and a low matching the current price, indicating potential resistance at higher levels.

Volume stands at approximately 4.78 million, translating to a volume-to-market cap ratio of 0.74%, suggesting that liquidity is relatively low. The moving averages indicate a bearish trend, with the 8 SMA at $160.28 and the 144 SMA at $161.32, all demonstrating negative changes, signaling that selling pressure is dominating the market.

Momentum indicators show a concerning trend with a 1-hour RSI at 34, indicating oversold conditions, while the 7-day RSI at 45 reflects weakening momentum. Price performance over the last week, 14 days, and 30 days indicates consistent downtrends, with losses of approximately 15.16%, 14.14%, and 28.87%, respectively.

The all-time high for JUPSOL remains significantly distant at $309.67, achieved nearly two years ago, emphasizing the current bearish market sentiment. The persistent decline and failure to reclaim higher moving averages suggest that the market may need additional bullish catalysts to reverse the current trend.

Given the current technical indicators, particularly the negative moving averages and the RSI levels, the outlook for JUPSOL remains bearish in the short to medium term. Therefore, the recommendation is to Hold JUPSOL until clearer bullish signals or a reversal pattern emerges, as further declines could still be possible in the near future.