🐸 $1000PEPE
— Liquidity Flush Before the Next Move?
Late longs just got punished.
Around $0.00372, leveraged $1000PEPE longs were wiped, with roughly $2.8K in liquidations as meme momentum cooled off. This type of flush often removes weak hands and resets funding, which can open the door for a healthier continuation if buyers step back in.
📉 What happened?
• Overheated longs → liquidation cascade
• Price pulled back into a demand zone
• Funding pressure relieved short-term
📊 Key Levels to Watch
🔴 Spot Resistance: $0.0038 – $0.0040
This zone must be reclaimed for bullish continuation.
🎯 Upside Targets (if resistance flips):
• TP1: $0.0042
• TP2: $0.0046
• TP3: $0.0050
💡 Market Insight:
If volume increases near support and price holds above the liquidation low, this dip could turn into a classic liquidity grab before expansion. Failure to reclaim $0.0038, however, may lead to more consolidation.
⚠️ Trade smart, manage risk, and avoid chasing pumps.
Do you think this was a fake dump or the start of a deeper pullback? 👀
👇 Share your bias below
#1000PEPE #PEPE #Memecoins #BinanceFutures #CryptoTrading #Altcoins