Market Surge: $JUP Short Liquidation Sparks Bullish Momentum!
A massive $3.3839K short position has been liquidated at $0.89121, indicating a fierce short squeeze and a potential turning point for $JUP ’s price action.
The bulls seem to be taking charge, setting the stage for high volatility.
Key Details:
Liquidation Level: $0.89121
Liquidation Value: $3.3839K
Market Sentiment: Shorts under pressure—bullish momentum intensifies.
Next Move:
Resistance to Watch: $0.92 – A breakout here could drive an accelerated rally.
Support to Monitor: $0.85 – A breakdown below this level might slow upward momentum.
Suggested Stop Loss:
For Longs: Below $0.85 to limit downside risks.
For Shorts: Above $0.92 to avoid getting caught in further upward pressure.
$JUP is entering a critical phase—be prepared for explosive market moves!