$JUP Long Liquidation: $5.8616K at $0.22812
A $5.86K long liquidation at $0.22812 confirms that buyers failed to defend a critical support zone, causing leveraged long positions to be wiped out. The breakdown turns this area into supply, where trapped buyers are likely to sell on any bounce just to exit, creating persistent downward pressure.
Next Move
Staying below $0.22788–$0.22826 keeps long traders trapped and favors continued selling pressure on every retest.
Targets – Bearish Follow-Through
TG1: $0.22734
TG2: $0.22661
TG3: $0.22552
Pro Tip
Avoid shorting the instant breakdown. Let price retest $0.22788–$0.22826 and only enter if the bounce fails with a clear rejection. This prevents emotional trades and protects you from bull traps that form after liquidation dumps.
