Brutal $SXP Long Liquidation!

$87.1K Liquidated at a crushing $0.399!

The market just delivered a devastating blow to over-leveraged bulls, as $SXP plummeted to $0.399, triggering an enormous $87.1K long liquidation!

This sudden collapse has shaken the market, leaving bulls reeling as bears regain control.

Price Action: A sharp downturn saw $SXP crash through key support, triggering a cascade of long liquidations.

The massive sell-off wiped out heavily leveraged positions, intensifying the downward spiral.

What This Means:

Bulls are on the defensive, with such a large liquidation signaling over-leveraged positions are being punished.

Bears may have seized momentum, with the break below $0.399 opening the door for further downside.

Liquidations of this magnitude often signal increased volatility ahead—brace for unpredictable moves!

Next Moves: The market could consolidate or test lower support levels. Bulls need to reclaim momentum, while bears will likely push for additional breakdowns.

Stay Cautious: Whether you're long or short, manage your risk carefully—this market is unforgiving, and another liquidation wave could be around the corner!

#COSSocialFiRevolution #BTCBreaks100K? #XRPAndSECShift #ETHPriceSurge #GaryGenslerResignation