The Jupiter token JP was clearly strong within 24 hours, with prices rising to 0.203 per cent and a single-day increase of 14.03 per cent. At the same time, the turnover of major trading platforms has increased to nearly $496 million, an increase of 113.83 per cent over the day. On the whole, the increase was accompanied by an increase in the activity of new transactions, rather than a more short-term increase in volatility.
Unstack contract synchronized up
Participation in derivatives markets is also increasing. The data show that the JUP unsettled contract increased to $64.2 million, an increase of 39.94 per cent over the previous period. This usually means that more new warehouses have emerged in the market, and not just that of the former.
Prices, turnover and unsatisfied contracts are rising at the same time, often indicating that short-term funds are being pooled. However, the increase in leverage position will also magnify subsequent fluctuations. Once the mood has weakened, prices are more likely to retreat quickly and trigger centralized liquidation.
$ 0.2154 for short-line support
In terms of the dynamic structure, JUP has broken the downward route that has been under pressure since May and has stood on the line of 0.2154 dollars. The former resistance level is shifting to a new, short-line support, which further prolongs the rebound from around 0.1465 this month.
Dynamic energy indicators have also improved. The relative strength and weakness index RSI rose to 63.43, higher than the line of signal 49.63, and had not yet entered a significant overpurchase range. According to the current structure, if the price continues to hold at $ 0.2154, the main resistance position above is close to $ 0.2646.
It's more dense down there.
However, liquidation heat attempts to show that liquidity accumulation below current prices remains more pronounced than above. From the data of Français JUP/USDT, there is a greater amount of leverage in the vicinity of US$ 0.20 and between US$ 0.19 and US$ 0.195. In comparison, the distribution of liquidity above US$ 0.22 to US$ 0.23 is relatively weak.
This means that, while the buyer has taken the short-term initiative, the market may go back to the more liquid areas below to complete liquidation before deciding whether to pursue further. For JUP, the recent rebound has been matched by the availability of data and holding, but the pressure of mobility below remains the focus of short-line observation.
