Massive Long Liquidation Alert on $ATA
A staggering $1,601.4K worth of longs just got liquidated at $0.1944. This sharp move wiped out overleveraged positions, leaving traders stunned.
Key Levels to Watch:
Support Zone: $0.1850 - $0.1900 (Possible accumulation zone for bulls to regroup)
Resistance Zone: $0.2050 - $0.2100 (Bulls must reclaim to reverse the trend)
What’s Happening.
The sudden liquidation suggests strong bearish pressure, likely fueled by market manipulation or cascading stop-loss triggers. If the price fails to hold above key support, further downside may be imminent.
Strategies for Traders:
For Bulls: Wait for a clear breakout above $0.2050 with volume confirmation before entering.
For Bears: Consider shorting if $0.1900 breaks decisively, targeting $0.1800.
Stay sharp and manage your risk as volatility takes over.
#ATA/USD #BinanceAlphaAlert #BTCXmasOrDip? #DEXVolumeRecord #SolvProtocolMegadrop