A massive $1.3342K
$SCRT long position has just been liquidated at $0.47395!
This unexpected liquidation has sent ripples through the market, shaking confidence and triggering sharp volatility.
The price action is intense, and traders are scrambling to adjust their positions.
What’s next for
$SCRT ?
The stage is set for a dramatic market shift — brace yourself!
Important Details:
Liquidation Size: $1.3342K
Liquidation Price: $0.47395
Affected Position: SCRT Long
Market Impact: Increased uncertainty, possible short-term downtrend or consolidation as liquidated positions adjust.
Next Move: Following this liquidation, there could be a chance of further downward pressure if the market struggles to absorb the liquidation impact.
Watch for a potential retest of support at $0.47; if that level holds, a rebound could be possible.
However, if the selling pressure continues, the price might dip further.
Monitor for any signs of stabilization or reversal, and consider entering cautiously if momentum shifts.
$SCRT Risk management is key in these volatile conditions.
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