🔴 LONG LIQUIDATION: $1.6096K at $0.1041
RED recorded a long liquidation around $0.1041, showing that leveraged buyers faced renewed downside pressure. The next move depends heavily on whether buyers can defend the nearby support zone.
Support: $0.1020–$0.1040
Resistance: $0.1080–$0.1100
Next Target: $0.1150 if resistance breaks convincingly.
Holding above $0.102 could allow a recovery attempt. A breakdown below support would signal further weakness and potentially trigger additional long liquidations.
Risk: High
Bias: Neutral-to-bearish below $0.108
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