$GMT Massive Long Liquidation Alert.
🔹 Token: $GMT
🔹 Amount Liquidated: $4,028.5
🔹 Price Level: $0.1481
Long traders just got caught in a massive liquidation trap.
At the price of $0.1477, over $4K worth of long positions were wiped out. The bears are flexing their muscles, driving prices down and forcing overleveraged traders to exit their positions.
The question now is: Will the bulls fight back, or will the bears dominate further.
Key Insights for Traders:
Current Trend: Bearish pressure at lower levels.
Support Zone: Watch for strong buying interest near $0.1450 to $0.1400.
Resistance Zone: Bulls need to reclaim $0.1500 for any recovery.
Stay Cautious.
Monitor the market closely for sharp reversals or further breakdowns. As always, manage your risk wisely.
What's your move.
Bullish comeback or bearish continuation? Drop your thoughts below.
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