Massive Long Liquidation: Bulls Crushed on $THE
A significant $71.4K long liquidation just shook the market as #THE dropped to $2.820, catching over-leveraged traders off guard!
The bears made their move, crushing bullish momentum and leaving longs in total wreckage.
Bulls Fall into the Trap:
As traders anticipated a breakout, the market flipped, triggering cascading liquidations for those holding long positions. The result?
A brutal wipeout as the price tumbled below key support, marking a painful reminder of the risks in volatile markets.
Key Details:
Liquidated Position: $71,400
Liquidation Price: $2.820
Token: #THE
Why It Matters:
This liquidation highlights the unpredictability of crypto trading, where even the strongest trends can reverse in an instant.
The bulls have been forced to retreat, but the question remains—will they regroup for a comeback?
What’s Next for $THE ?
$theWill bears press the advantage, driving prices lower, or will bulls reclaim support and push higher?
The next moves will define the token’s short-term trend, with $2.80 becoming a key battleground.
Stay Focused:
The volatility in $THE is far from over. Traders, keep your eyes on the charts and prepare for quick shifts in momentum.
This is a battle of resilience, and only the most disciplined will prevail.
#ThanksgivingBTCMoves #AIAndGameFiBoom #BinanceBNSOLPYTH #BitwiseFiles10ETFs