$DMC — Long Liquidation Breakdown

Liquidation Hit:

$2.4005K longs wiped at $0.00114

What it tells us:

Long traders were overconfident near resistance. Price failed to hold momentum and liquidity was swept below support. This move flushed weak hands but did not break structure completely.

Market Insight:

Selling pressure came from leveraged longs, not strong spot selling. That often signals a potential short-term rebound after the shakeout.

Next Move Expectation:

If price reclaims $0.00112–$0.00114, bounce continuation is likely. Failure to reclaim means slow bleed.

Targets:

TG1: $0.00118

TG2: $0.00124

TG3: $0.00132

Pro Tip:

After small-cap liquidations, wait for volume confirmation before entering. No volume = fake bounce.

#dmcn #MarketRebound #WriteToEarnUpgrade #BTCVSGOLD #USJobsData

$DMC

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