JUPUSDT: Symmetrical Triangle Meets Major Trendline BreakoutJUP / TetherUSBINANCE:JUPUSDTArthurshUsing the 4H chart, we can see that JUP has been consolidating inside a symmetrical triangle since early May, almost four months now. The price has spent the past week consolidating just below a formidable resistance zone between $0.2386 and $0.2525. For me, a decisive breakout above the top of this zone at $0.2525 would confirm the breakout and trigger my entry. I’d only be interested in entering after a clean breakout above $0.2525. My stop-loss would be at $0.234, just below the entire resistance zone. A decisive move below this level would signal to me that the breakout has failed. Using the HVF (Hunt Volatility Funnel) method to project the targets based on the height of the triangle, I get: Target 1: $0.3225 — +27% | R/R: 3.78 Target 2: $0.40 — +58% | R/R: 7.97 The setup offers some very attractive risk/reward, especially if the breakout comes with strong volume and follow-through. Before wrapping up, I want to zoom out to the daily chart, where we can see another factor that strengthens the bullish case here: On the daily chart, we can see that the price recently broke above a trendline that has been respected since December 2024. The entire triangle structure that has been developing since May can be seen as a consolidation phase that ultimately set the stage for this trendline breakout and continuation to the upside. This makes the recent move particularly interesting, as the triangle breakout is now being reinforced by a breakout above a much longer-term trendline.