$XPIN Long Liquidation: $4.9767K at $0.00325
Long traders on $XPIN were flushed out as price failed to hold above the recent high, triggering stops and accelerating the downside move. Buyers lost control at this level, and forced selling took over.
Liquidation Type: Long
Liquidated Amount: $4.9767K
Liquidation Price: $0.00325
EP: $0.00324
TP: $0.00305 → $0.00285
SL: $0.00340
Market Outlook:
This heavy long liquidation signals exhaustion after the recent push up. As long as price stays below the liquidation zone, downside pressure can continue toward lower support areas. Any bounce without strong volume is likely to face selling.
Pro Tip: After a big long flush, avoid chasing rebounds. Let price form a base first patience protects capital and keeps emotions out of the trade.
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