Jupiter (JUP) has fallen 21.8% from its October peak and is testing $0.29 after prices turned lower on a revisit to $0.32, leaving a short-term pullback alongside a still-positive daily chart.
The token’s rally had an anchor low of $0.144 and reached $0.388 earlier in October. On the two-hour chart, $0.32 had previously supported the price; after JUP returned to that level, it moved down toward the next marked demand area at $0.29.
The daily chart’s broader pattern has remained positive since a change in swing structure in May. A longer-term demand marker sits at $0.22, which the chart analysis linked to the upward move that preceded the current pullback.
The decline came amid broader market weakness as Bitcoin (BTC) retreated toward $80,000. Before the pullback, JUP gained 51% over a four-week period that coincided with falling platform fees.
