Jupiter Staked SOL (JUPSOL) is currently trading at $160.54, reflecting a 24-hour decline of 2.70%. The asset has experienced a daily range of 5.87%, with the price fluctuating between a high of $166.19 and a low of $160.32, indicating moderate volatility.

The trading volume over the past 24 hours stands at 5,732,981, which corresponds to a volume-to-market cap ratio of 0.87%. This suggests that trading activity is relatively low compared to the market capitalization, indicating a lack of strong buying or selling pressure at current price levels.

In terms of moving averages, the short-term 8 SMA and 13 SMA are both declining, suggesting bearish sentiment. The 21 SMA shows a similar downward trend, while the 55 SMA is only slightly down, indicating a potential level of support around $161.91; however, the longer-term 144 SMA is trending upward at $155.51, which could act as a significant support level.

The current 1-hour RSI is at 31, indicating that JUPSOL is approaching oversold conditions, which may lead to a potential price rebound. Conversely, the 7-day RSI of 56 shows a neutral position, while the 14-day price change reflects a slight downward trend of -2.55%, suggesting the asset is currently underperforming in the medium term.

JUPSOL has seen a notable price drop of 27.80% over the last 30 days, indicating a bearish trend in the longer term. Despite this, the 7-day price change of 3.97% suggests a recent uptick that could signal a potential reversal in sentiment if buying interest increases.

Considering the current technical indicators and recent performance, the recommendation is to Hold JUPSOL. The asset is nearing oversold territory, and there is potential for a short-term recovery; however, the broader trend remains bearish, and caution is warranted before any new positions are established.