Massive Long Liquidation Alert on $LSK

A staggering $1,109.8K worth of long positions have been liquidated at a critical level of $0.963.

What happened.

This dramatic liquidation suggests aggressive selling pressure has overwhelmed buyers trying to defend this key support. Traders betting on $LSK's upside at this level have faced a brutal liquidation cascade!

Key Market Insights:

Price Level: $0.97262

Long Liquidation Value: $1,109,800

Market Sentiment: Bearish pressure dominating the zone.

What’s next for $LSK

Support Zone: If $0.97262 fails as support, the next potential level could be $0.90-$0.92.

Bounce Opportunity: Bulls may attempt to reclaim $1.00 as a psychological level.

Trading Tip:

For longs, wait for signs of reversal above $0.98 to $1.02 before re-entering.

For shorts, look for further breakdowns below $0.95 with stops above $1.00.

Stay Sharp! In volatile markets like this, risk management is everything.

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