#BAN Liquidation Shock: Long Positions Crushed!
Liquidated Long: $81.9K at $0.0491
Market Breakdown:
Massive Liquidation: A $81.9K long position liquidated, sending #BAN into a sharp decline.
Current Sentiment: Bears are in control, with the liquidation adding significant downward pressure on the price.
Hints for Next Moves:
1. Resistance Zone: Watch for resistance around $0.050, where any bounce could face strong selling pressure.
2. Support Level: Key support at $0.045, a critical level that could determine the next move—buyers may try to step in here.
3. Breakdown Potential: If the price falls below $0.045, further downside could push #BAN toward $0.040.
Quick Strategy:
Bulls: Look for a reversal or bounce near $0.045 for potential long opportunities.
Bears: Continue monitoring weakness below $0.045 for further short opportunities, targeting $0.040.
#BAN is under pressure—prepare for quick price action and volatility!