Jupiter Staked SOL (JUPSOL) is currently trading at $149.5, reflecting a 3.96% decline over the last 24 hours. The daily price movement has fluctuated between a high of $156.77 and a low of $149.38, indicating a volatility of 7.39%.

Trading volume stands at approximately 4.19 million, with a volume-to-market cap ratio of 0.65%. The hourly moving averages reveal a consistent downward trend, with the 8 SMA at $155.50 and the 144 SMA at $164.74, signaling bearish momentum in the short to medium term.

The 1-hour RSI is critically low at 20, suggesting that JUPSOL is significantly oversold in the immediate term. In contrast, the 7-day RSI at 38 indicates that the asset is approaching oversold territory, yet it does not yet indicate a reversal, considering the bearish trend persisting over the past week.

Over the past 7 days, JUPSOL has experienced a price drop of approximately 9.07%, while the 14-day change stands at -6.35%. However, the 30-day price change shows a slight gain of 2.87%, indicating some resilience in the longer term despite the recent downturn.

The all-time high for JUPSOL remains at $309.67, achieved in January 2025, highlighting a significant potential for recovery. However, the current price is still more than 51% below this level, suggesting that substantial market sentiment and volume will be necessary for any meaningful upward movement.

Given the current technical indicators, including the bearish moving averages and oversold RSI, JUPSOL presents a challenging short-term outlook. Consequently, I recommend a Hold rating as the market may need further consolidation before a potential recovery phase can be established. Investors should monitor for signs of reversal in the RSI and volume trends before considering a buy position.