$GIGGLE nudged long positions out, liquidating $9.768K at $36.00971.
It’s one of those moves that feels sharper in the account than on the chart like misstepping on a familiar staircase and having to quickly regain balance. Traders holding longs got clipped, showing how even moderate swings can cascade through leveraged positions.
Long liquidations like this aren’t always a signal of a trend reversal; they highlight where crowded bets meet pressure and patience is tested. The market quietly reminds participants to stay alert.
Did anyone else notice how quickly this one played out?
GIGGLE
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