$JUP Surge: $53.6K Short Liquidated at $1.209!
A significant $53.6K short position got liquidated as Jupiter ($JUP ) spiked to $1.209, signaling a strong bullish rally.
The liquidation reflects increasing buying pressure, forcing bearish positions to close and adding fuel to the momentum.
Next Move:
If $JUP maintains momentum above $1.20, we could see it pushing towards the $1.30 resistance.
However, a pullback to the $1.15-$1.18 range could offer a good re-entry point for buyers.
Strong upward momentum—watch for a potential breakout or retracement!
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