Price Position and Structural State
Jupiter (JUP) closed at 0.1963 USDT on July 16, 2026, down 5.03%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.1441 USDT, with resistance near 0.2534 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
JUP is trading below short-term moving averages while still holding above longer-term support. MA50 at 0.199648 USDT may cap short-term recovery attempts, while MA100 at 0.195913 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 moderate trading friction, with a 3-day friction score of 51.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -5.35% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is negative on the 24-hour average at -0.001778%, while the 7-day average is +0.000008%. This shows fresh short-side cost pressure rather than a sustained build across the week.
The long/short ratio is 0.80, sitting near the lower side of its 90-day range at 18.76%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
JUP shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is weakening. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.511 | 1.034 | 0.261 | Moderate linkage |
| 60D | 0.609 | 1.179 | 0.371 | Strong linkage |
| 180D | 0.73 | 1.153 | 0.533 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
JUP's volatility profile is controlled rather than stretched. ATR% reads 8.44, near the middle of its full historical range. Bollinger Band width% reads 28.33, near the lower side of its full historical range. 20-day Volume Z-score is -0.17. Range expansion is not leading the setup right now.
Momentum is weaker. RSI is 42.04, ROC14 is -19.42%, 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 has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
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 0.2534 USDT establishes a bullish regime, while a daily close below 55-day support at 0.1441 USDT confirms a bearish regime.