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JUP Long Liquidation — Short-Term Weakness Likely

I note a $30.9K long in JUP was liquidated at $0.492, pointing to short-term bearish pressure and a stop-hunt around that level.

I’m watching price reaction and order-book depth near $0.492; I won’t add fresh longs until volatility eases and buyers reassert control above nearby support.

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Analysis

A sizable $30.9K long liquidation at $0.492 increases near-term downside risk and suggests stop clustering around that price. This event can trigger follow-on liquidations or opportunistic shorting, s...

Recommendation

Watch price and volume around $0.492 and avoid initiating new long positions for now. Wait for confirmation of support or a clear volume-led recovery before considering buys; manage risk tightly if ho...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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