Market Shockwave Alert – $M Coin Long Liquidation 🔥
🔴 A Long Liquidation of $1.1918K has just been triggered at $0.88545, shaking up the chart with heavy volatility! This move signals that overleveraged buyers got wiped out, giving bears a temporary edge.
📊 Current Technical Snapshot:
Support Zone: $0.850 – $0.870 (key demand area where bulls may attempt to regroup)
Resistance Levels: $0.920 and $0.950 (critical barriers for any bullish recovery)
Trend Outlook: Momentum is leaning bearish after the liquidation flush, but smart traders know that post-liquidation dips often create golden opportunities for accumulation.
⚡ Strategic Insights:
1️⃣ If price holds above $0.870, we could see a bounce back toward the $0.920-$0.950 range.
2️⃣ A break below $0.850 may accelerate sell pressure, opening downside toward $0.800.
3️⃣ Liquidity hunts like these often trap impatient traders — watch for sudden reversals!
💡 Next Move for Traders:
Buy Entry (Low Risk): Around $0.860 – $0.870 with tight stop-loss below $0.840.
Sell/Short Entry: If rejection occurs near $0.920-$0.950, target back toward $0.880.
Scalp Traders: Exploit intraday swings between $0.870 support and $0.920 resistance.
Remember: Liquidations create opportunities — the sharp dip has cleared weak hands, leaving room for strong hands to step in. Stay sharp, stay disciplined, and don’t chase candles!
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