🔴 $HEI Long Liquidation — Bears Strengthen Their Position
A $5.7517K long position was liquidated at $0.16172, highlighting growing bearish pressure as leveraged bulls were forced to exit. Liquidation events like this often increase market volatility and can trigger additional selling if buyers fail to defend key support levels.
Support: $0.1580
Resistance: $0.1665
🎯 Next Target: If selling momentum continues, HEI could decline toward the $0.1540–$0.1500 demand zone. A decisive breakout above $0.1665 would indicate renewed buying strength and improve the short-term outlook.
💡 Pro Tip: Liquidation cascades can create sharp price swings. Stay patient, wait for confirmation at major support or resistance levels, and always use a disciplined stop loss instead of reacting emotionally to volatility.$HEI #Coldcard hack triggers BTC transfers #US-Japan yen intervention #Fed tightens lending standards #India expands crypto tax reporting
