Massive Liquidation! $134K Long Position on $FET Wiped Out at $1.478

$FET Liquidation Details:

Asset: Fetch.ai ($FET)

Liquidated Amount: $134,000

Price Trigger: $1.478

The Fetch.ai market turned into a bull trap today as a huge $134K long position got liquidated at $1.478.

This marks one of the largest long liquidations for $FET in recent trading sessions, shaking out overly optimistic traders!

What Happened?

Bearish Momentum:

A sell-off caught bulls by surprise, pushing the price below the critical support level.

Whale Moves? Speculation is brewing over possible whale dumping or aggressive shorting.

Cascading Liquidations:

Could this liquidation trigger more leveraged positions to collapse?

Key Market Levels:

Support to Watch: $1.45 – Will buyers defend this level, or are deeper corrections in store?

Resistance Ahead: $1.50 – A psychological barrier bulls must reclaim to regain control.

Traders Beware!

With such a massive liquidation, volatility is almost guaranteed.

Are we heading into a new accumulation zone, or will bears seize the momentum to push prices even lower?

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