IA Trade Alert (Patreon)

Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert. 

I added to my JUP position - between air drops and ASRs and buying it is now my largest SOLAlt and just got larger. Safe risk reward IMHO!

It is turning around in trend and confluence on the 5 min.... 4 hr on ATR will wick back esp w buy back pressure - see below.

It is also at the bottom of the range, I got some at $0.803 and I think it is a safe $1.00 token when things rebound.

In addition - BUYBACKS start today - Jupiter's buyback program officially started and plans to use 50% of all protocol fees for buying back JUP tokens. So I expect this to bring about some upward momentum.

Some rough math... Jupiter's buyback is expected to involve purchasing and locking over $400,000 worth of JUP tokens each day, with some sources estimating a range between $250,000 to $500,000 daily. Annual Projection could exceed $100 million in annual buybacks, creating a consistent demand for JUP tokens.

Good enough for me.