$JUP Potential Breakout

JUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level.

On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.

If BTC stabilizes or range a bit, this could create a space for altcoins to rally.

The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.