Liquidation Alert$MOVE !
A massive $136K long position on $MOVE has just been wiped out at $1.004. This sharp drop shows heavy selling pressure.
Key Details:
The liquidation indicates weak support around $1.004.
Bears seem to dominate the market, driving prices lower.
High volatility likely ahead—watch closely for further movements.
What’s Next?
Support Zones: Keep an eye on $1.00 as the psychological barrier. If it breaks, we might see a deeper plunge.
Resistance Levels: If bulls recover, $1.05 could act as the next test for upward momentum.
Strategy Tip: Consider waiting for clear confirmation of trends before entering new positions. A tight stop-loss is essential to manage risks.
Stay sharp—this could turn into an opportunity for both traders and investors!
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