JUPUSDT: bullish extension toward $0.235JUPUSDT Perpetual ContractBYBIT:JUPUSDT.P3CommasThe Macro Picture πΊοΈ The post-reclaim squeeze has resolved β and resolved exactly as the bullish branch mapped. Price broke through the $0.200 wall, cleared the $0.205 ceiling, and just tagged the $0.220 target on a clean four-session run. That is the second consecutive bullish target hit in this series, with the entire move tracing back to the macro floor sweep at $0.144 on June 10. The structure has finished its rebuild phase: $0.200 has flipped from the most-tested resistance on the chart into structural support, the prior stall floor at $0.190 is now well below price, and the next test sits at the lower edge of the May overhead supply zone. The Setup βοΈ The Flipped Wall: $0.200 capped four months of attempts before finally breaking β and price has now spent multiple sessions trading well above it without a single dip back into the level. The wall has become the floor, and the post-spike compression range below it has been retired. The Reaction: RSI has lifted from the midline back into the upper 50s without printing overbought. Eight days of recovery, two targets hit, and the indicator still has room to extend β the kind of slow, structural momentum that tends to carry through to the next supply test rather than fade beforehand. The Continuation Path: The territory between $0.220 and $0.235 is unwalked since the immediate post-spike unwind in mid-May. Bulls have a clear runway through that pocket with no intermediate horizontal blocks β the next real test is the supply shelf at $0.235 itself. The Roadmap: Primary target sits at $0.235 β the lower edge of the May overhead supply zone, where the original distribution shelf demands to be retested. Invalidation: a sustained 1D close back below $0.200 would invalidate the continuation thesis, signal that the flipped wall has failed to hold as support, and reopen the deeper retest toward the $0.165 reclaimed floor.