A $72.37K long liquidation around $0.62212 signals an aggressive flush of leveraged bulls. This reset removes excess leverage and may pave the way for the next significant move.
Support: $0.6100
Resistance: $0.6400
Next Target: $0.6700
Keep an eye on buying volume around support. A clean breakout above resistance would strengthen the bullish case, while failure to hold support could extend the correction.
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