$1000PEPE / USDT – Heavy Long Liquidation
Current Price: 0.00359
Recent Liquidation: 19.87K long liquidated
$1000PEPE saw a large long liquidation compared to others. Nearly 20K wiped suggests aggressive leverage was in play. When meme coins see this kind of flush, volatility usually increases.
Traders are watching whether price forms a base after the liquidation event. If selling pressure slows, a short term bounce could form. But continued weakness may extend the correction.
Entry Zone: 0.00340 to 0.00355
Upside Target: 0.00395
Downside Risk: 0.00300
Bias: Bearish
Stay alert as volatility remains elevated.
$1000PEPE
{future}(1000PEPEUSDT)
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