$JUP Short Liquidation: Bulls Ignite at $0.99394!
Market Insight
A $10.01K short liquidation at $0.99394 has shaken the $JUP market, giving the bulls the upper hand. With shorts wiped out, the price could push higher, but precision is crucial to maximize gains.
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What’s Next for $JUP?
After this short squeeze, the price might test support before continuing upward. Traders should watch critical levels to plan their entries and exits wisely.
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Key Levels to Watch
Buy Zone:
Look for potential support between $0.970–$0.985. If buyers step in here, it could mark the start of the next rally.
Target Levels:
If $JUP holds above the buy zone, here are potential targets to aim for:
1. Target 1: $1.020
2. Target 2: $1.050
3. Target 3: $1.080 (if bullish momentum intensifies)
Stop Loss:
To minimize risks, set your stop loss at $0.960. A break below this level may signal further downside.
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Trading Tips:
1. Wait for confirmation in the buy zone, such as higher lows or strong bullish candles.
2. Avoid chasing sudden price spikes—patience is key for safer entries.
3. Monitor market sentiment and trading volume to gauge momentum.
Risk Warning:
Crypto trading is volatile and risky. Always use proper risk management, and never trade more than you can afford to lose.
The bulls are in control—are you ready to take action?
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