$WIF Long Liquidation Alert!
Liquidation Amount: $70,000
Liquidation Price: $3.008
What just happened?
A major long position worth $70K was liquidated as $WIF plunged below the critical $3.008 level!
Bulls were blindsided by the sharp drop, fueling bearish momentum and increasing selling pressure.
Why does this matter?
1️⃣ Bearish Momentum: Long liquidations intensify sell-offs, amplifying downward price action.
2️⃣ Key Support Broken: The $3.00 level has been breached, opening the door to further downside.
What’s Next for WIF?
🔻 Bearish Continuation: If selling persists, WIF could drop toward $2.85-$2.90, testing lower support levels.
Recovery Potential: A quick reclaim of $3.008 might signal a temporary bounce back toward $3.05-$3.10.
Key Levels to Watch:
Support: $2.85-$2.90 for a potential floor.
Resistance: $3.008 needs to be reclaimed for bulls to regain control.
$WIF traders, are you bracing for more downside or looking for a recovery play?
Volatility is spiking—
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