$ARK Long Liquidation Alert
Amount Liquidated: $5.5672K
Liquidation Price: $0.62238
A Major Shakeup for #ARK
A $5.5672K long liquidation at $0.62238 has just sent ripples through the market! The sharp unwinding of positions could trigger a wave of downside pressure. Are we about to see a significant pullback, or is this the calm before the storm?
🔍 What’s Happening:
With long positions liquidated, the market is now at a critical juncture. If support at $0.60 holds, a rebound may occur, but if it breaks, expect a move towards $0.55. Watch closely as the market tries to find its footing in this volatile phase.
📊 Risk Management Tip: Volatility is heightened—tight stop-losses are a must, and don’t get caught in the chop. Be ready to react quickly as price action unfolds.