Price Position and Structural State
Jupiter (JUP) closed at 0.1865 USDT on May 29, 2026, up 6.27%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.1552 USDT, with resistance near 0.2767 USDT. A daily close below 0.1552 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
JUP is trading below short-term moving averages while still holding above longer-term support. MA50 at 0.192994 USDT may cap short-term recovery attempts, while MA100 at 0.176731 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
JUP shows low trading friction, with a 3-day friction score of 65.9. The score combines price progress, wick rejection, and volume confirmation. Recent candles show cleaner acceptance, with cleaner price progress and lighter wick rejection. This gives moves near support or resistance more weight, especially when price closes cleanly.
Open Interest, Funding, and Positioning
Open interest fell -1.46% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.011388%, with the 7-day average also negative at -0.007248%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 0.85, sitting near the lower side of its 90-day range at 16.84%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
JUP remains strongly linked to the broader crypto market (Sigloid Index), with beta indicating higher sensitivity to index movements. Correlation confirms that JUP moves in line with the index, while R² shows that index behavior explains a significant share of its movement. Elevated beta means price tends to amplify broader market moves rather than simply track them. Over the 30-day window, the relationship is strengthening. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.78 | 2.655 | 0.609 | Strong, high beta |
| 60D | 0.713 | 1.69 | 0.508 | Strong, high beta |
| 180D | 0.783 | 1.213 | 0.614 | Strong, high beta |
Momentum, Volatility, and Indicator Pressure
JUP is moving more day to day, but participation remains weak. ATR% reads 8.84, near the upper side of its 90-day range, while Bollinger Band width% reads 39.98, near the middle of its full historical range. 20-day Volume Z-score is -0.28.
Momentum is weaker. RSI is 44.52, ROC14 is -11.27%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. JUP stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For JUP, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.2767 USDT establishes a bullish regime, while a daily close below 55-day support at 0.1552 USDT confirms a bearish regime.