A long position worth $5.43K has been liquidated on #JUP at a price of $0.19198.
This liquidation shows that leveraged bullish traders were forced out after a downside move, likely triggered by short-term volatility or failure to hold a key support level. Such events often lead to temporary price swings and increased market activity.
Key points for traders:
Liquidation zones can act as temporary support or resistance
Volatility often spikes after large positions are unwound
Monitor price action and volume for potential bounce or continuation
Risk management and proper leverage control remain crucial in fast-moving markets.
