Jupiter's native token, JUP, has surged 8% in the last 24 hours, driven by a significant increase in Total Value Locked (TVL) and trading volume. The TVL rose by $189 million, reaching $3.36 billion, while perpetual trading volume hit $3.34 billion. These metrics indicate a growing interest in the token, supported by technical indicators such as the Money Flow Index (MFI) at 76.52 and the Average Directional Index (ADX) at 21.54, suggesting bullish momentum. Despite the positive trend, JUP is facing resistance at the $0.40 level, a point that has historically led to sell-offs, including a notable 21% decline in October. Traders are closely watching this resistance level to gauge the token's next move.