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【$JUP Signal】Short position + Volume breakout downward
$JUP is experiencing a volume breakout downward, with a -15.78% decline accompanied by high open interest. Market logic suggests caution for main players distributing or long positions being liquidated. Price action shows strong selling pressure with no signs of effective support.
🎯 Direction: Short position
The market structure has been broken, currently in a clear downtrend. Any rebound may face heavy selling pressure. Until a clear bottom absorption pattern and price reversal signals appear, the risk outweighs the potential reward. Following trading principles, avoid contrarian bets at this time and wait for market structure to be reformed.
Trade 👇 $JUP
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