Jupiter Staked SOL (JUPSOL) is currently trading at $119.83, reflecting a slight decline of 0.26% over the past 24 hours. The daily range has been relatively tight, with a high of $122.99 and a low of $119.15, indicating limited volatility in the current trading environment.

Volume has been recorded at 4,254,768, which represents a low trading activity relative to its market capitalization, with a volume/market cap ratio of 0.85%. This low volume could indicate a lack of strong buying interest, which is further corroborated by the 1-hour RSI at 38 and the 7-day RSI at 39, both suggesting that JUPSOL is in oversold territory.

Moving averages are showing bearish signals; the 8 SMA at $120.86 and the 13 SMA at $120.93 indicate short-term downtrends, while the 21 SMA at $121.27 and the 55 SMA at $120.17 are also trending downward. The significant drop in the 144 SMA at $130.11, showing a decline of 7.90%, suggests that the price may struggle to reclaim higher levels in the near term.

From a fundamental perspective, JUPSOL has experienced considerable price erosion over the past month, with declines of 23.14% in the last 30 days and 19.95% over the past two weeks. Given the current price relative to its all-time high of $309.67, there remains a substantial gap that highlights ongoing bearish market sentiment.

Taking all data into account, the indicators suggest a continuation of bearish momentum in the near term. Given the current technical indicators and fundamental trends, a Hold rating is advised, as a potential rebound could occur if volume increases or there are positive market catalysts, while the current oversold conditions warrant cautious observation before making a Buy decision.