🔴 VIP Market Alert | Long Liquidation Detected
A $2.19K long liquidation near $0.00174 signals that leveraged bulls were forced out as selling pressure intensified. This type of liquidation often clears excess leverage and can lead to continued volatility before a stable trend develops. Traders should focus on confirmation rather than anticipating a reversal.
Support: $0.00168–$0.00172
Resistance: $0.00180–$0.00186
A strong recovery above resistance could target $0.00195, while losing support may expose the price to $0.00160. Stay patient, respect risk management, and wait for volume confirmation before entering new positions.
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