🚨 $JUP Long Liquidation Triggered! A Storm Is Brewing Below $0.61
The market just witnessed a massive long liquidation worth $1.7532K at $0.6068. This isn't just a price point—this is where bulls got wiped out and where smart money starts paying attention.
What does this mean? When long liquidations occur, it signals forced exits—weak hands are out, and the market might be preparing for a reversal or another leg down to trap more liquidity.
Now, the battlefield is set. Here's the strategic breakdown:
Buy Zone:
➡️ $0.5740 to $0.6060
This zone represents a high-probability demand area, especially after the flush. If price revisits this zone and shows strength, it could be a golden entry.
Target Levels:
🎯 Target 1: $0.6580 – First resistance and bounce zone from past price action.
🎯 Target 2: $0.6960 – Liquidity pocket where bears previously dominated.
🎯 Target 3: $0.7350 – Major resistance and potential trend reversal zone.
Stop Loss:
🛑 Below $0.5620
If the price drops below this level, the current structure breaks. It’s a sign the bulls are still too weak, and further downside could be incoming.
Analysis Summary:
Liquidation signals potential bottom formation or short-term bounce.
Price may revisit liquidation zones before a rebound.
Ideal scenario: Wait for signs of strength near the buy zone, enter with conviction, and ride it up through the targets.
Always manage risk. The storm may not be over, but fortune favors the prepared.