Massive Liquidation Alert:
$LSK Traders Watch Out.
A whopping $1.0928K worth of longs has been liquidated at the critical price level of $0.987. This sudden market move has sparked panic among long holders, causing ripple effects across the trading community.
What Happened.
The price of
$LSK (Lisk) dipped sharply, triggering stop-loss levels for overleveraged long positions.
The liquidation suggests that the bears have taken temporary control of the market, pushing prices below crucial support zones.
Key Levels to Watch
Support Zone: $0.950 - $0.970
Resistance Zone: $1.00 - $1.05
Trading Insights
For Bulls: If the price reclaims $1.00, we might see a short-term rally towards $1.05.
For Bears: A breakdown below $0.950 could lead to further downside pressure.
Pro Tip
Stay cautious in these volatile times! Use tight stop-loss levels to protect your capital and avoid overleveraging. The market is ruthless during high-liquidity events.
Are you ready to ride the
$LSK wave, or will you let the market crush your positions. Let the battle of the bulls and bears begin.
#LSKUSDT #ShareYourTrade #USJobsSurge256K #DOJBTCAuction #BTCMove