A massive liquidation of $JUP has been detected! Is a reversal being prepared?
A long position worth $1.24K was liquidated at $0.5377!
The whales have taken a loss — but savvy traders may find gold in the ashes!
After a violent flow at $0.5377, $JUP shows early signs of accumulation. With weak hands exiting, the setup is ready for a strong rebound. Here’s a strategic trading analysis:
Technical Analysis:
Buy Zone:
$0.5250 - $0.5400
(High confluence with previous support + liquidation wick area)
Targets:
1. Target 1: $0.5820 – Minor resistance + local Fibonacci 0.382
2. Target 2: $0.6125 – Major breakout area
3. Target 3: $0.6450 – Previous higher peak
Stop Loss:
$0.5080
(Closing below this level may lead to further retracement)
Why This Matters:
The massive liquidation at $0.5377 is often a signal for a short-term bottom formation.
The relative strength index on lower time frames is oversold – indicating a sharp rebound possibility.
Increased trading volume during the liquidation = panic exit = potential entry of smart money.
Strategic View:
"While others panic, smart money positions itself."
A rebound from this area could trigger a wave of short pressure, especially if BTC remains above its critical support.
$BTC #MarketPullback #TrumpTariffs #ETHMarketWatch #DinnerWithTrump #BinanceAlphaAlert