Massive Liquidation Alert on $WIF !

$199K Long Position on $WIF has been LIQUIDATED at $3.088, marking one of the largest liquidations of the day!

The bulls fought hard to defend key levels, but the bears overpowered, leaving this hefty position in ruins.

Liquidation Breakdown:

Asset: WIF

Position Size: $199,000

Liquidation Price: $3.088

Market Sentiment: Heavy bearish pressure sweeps through, breaking support zones.

What Happened?

$WIF traders were betting on a rebound above the $3.10 mark, expecting support to hold strong.

But as the selling intensified, critical levels crumbled, triggering cascading liquidations.

The $199K long was caught in the chaos, amplifying the market's downward momentum and sending shockwaves across leveraged positions.

Market Impact:

Sell Pressure Surge: Liquidated positions added to bearish dominance, putting more strain on WIF's price.

Next Support Zone in Focus: With $3.088 breached, traders are now eyeing $3.05 as the next key level to watch.

Volatility Spikes: Sudden price swings are likely to keep traders on edge as both bulls and bears battle for control.

What’s Next for WIF?

The market is at a crossroads: will the bulls stage a recovery, or is this liquidation the beginning of a larger downturn?

Eyes are locked on the $3.05 support level and volume indicators for signs of direction.

This liquidation is a harsh reminder: leverage amplifies both rewards and risks.

Trade wisely!

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