$CSCO just recorded $25.457K in long liquidations at $110.14469, showing that leveraged buyers took a serious hit. Traders positioned for upside were forced out as price moved against them, adding fuel to the selling pressure. The liquidation volume is significant and puts extra attention on this price area. CSCO now needs buyers to defend $110.14469 and rebuild momentum. If the level breaks further, more forced exits could follow. A strong recovery from here would give bulls a much-needed chance to regain control.
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