A staggering $1,760.7 worth of $JUP was liquidated at a crucial level of $0.8126.
What’s Happening.
The market just turned against leveraged long traders, forcing liquidations at this support level. The breakdown hints at bearish pressure as buyers couldn’t hold the line.
Key Points to Watch:
1️⃣ Critical Support Zone: $0.815 - $0.810
If this zone breaks, expect further declines.
2️⃣ Bearish Momentum Building: Downside pressure is mounting, so traders should watch for consolidation or breakdown signals.
For Traders:
Buy Zone: Reentry possible at $0.790 - $0.800 for short-term scalps.
Targets: Aim for $0.850 and $0.875 if support holds.
Stop-Loss: Keep tight stops below $0.785 to minimize risk.
Thrill of the Market.
The volatility is heating up, and all eyes are on $JUP ! Will the bulls stage a comeback, or will bears take control.
Trade carefully in these waters.
#JUP/USDT #BinanceAlphaAlert #USJoblessClaimsDrop #BNBBhutanReserves #