$VANA Long Liquidation: Bulls Wiped Out at $19.2289!
In a sudden market shake-up, $1,784.6 worth of long positions on VANA were liquidated as the token crashed to $19.2289.
The swift move left traders stunned, with leveraged bulls suffering painful losses in what seemed like an unstoppable price reversal.
What Caused the Crash?
1. Key Support Breached
$VANA broke below the critical $19.50 level, triggering automated sell-offs and cascading liquidations.
2. Shifting Sentiment
Bearish momentum gained traction as traders turned cautious, contributing to the sell pressure.
3. Liquidation Spiral
The downward movement forced liquidations, compounding the sell-off and intensifying the price plunge.$VANA
