MARKET SHOCKWAVE.
$JUP Long Liquidation Alert.
Amount Liquidated: $4,880.60
Liquidation Price: $0.78504
The bulls just took a heavy hit! A massive long liquidation triggered at $0.78504, forcing leveraged buyers to exit their positions. This sudden liquidation is shaking up the market and could open the doors to further volatility.
What’s Happening.
Long liquidations occur when prices drop below a buyer’s margin threshold, triggering an automatic sell-off. This often adds selling pressure, driving prices even lower in the short term.
Is this a turning point?
This event could signal a bearish wave for $JUP , with traders eyeing lower support zones. However, sharp reversals aren’t uncommon in such conditions—watch closely for quick rebounds or accumulation patterns.
Key Levels to Monitor:
➡️ Support: $0.77 and below
➡️ Resistance: $0.80
Buckle up, traders—$JUP is in the hot seat!
Stay vigilant and prepare for potential breakouts or breakdowns in this high-stakes scenario.
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