$SWARMS Long Liquidation Alert!
Price Action: $21,104K Liquidated at $0.17654
Market Overview:
A significant liquidation event at $0.17654 suggests increased bearish pressure.
Watch the price action carefully to see if the market tries to find support or breaks lower.
Key Support: $0.17300
Resistance: $0.18000
Next Move:
BUY if the price holds above $0.17300, as this could indicate a bullish reversal with a potential rise toward the $0.18000 resistance.
SELL if the price falls below $0.17000, signaling possible further downside and continuation of the liquidation trend.
Actionable Advice:
Keep an eye on the support level at $0.17300.
A bounce here could open up a buy opportunity as it tests resistance at $0.18000.
If the price breaks below $0.17000, be ready to sell or stay out of the market as it could signal a continued downtrend.
Plan ahead with your entries, stops, and take-profits!
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