$XNY long liquidation at $0.00525 shows pressure on the longs, but also creates a window for a sharp retrace upward. This is a spot where liquidity hunts are common, so a clean recovery could kickstart a new leg.
Entry Price: $0.00525
Take Profit: $0.00590
Stop Loss: $0.00495
XNYUSDT
Perp
0.004796
-4.74%