$DF Long Liquidation Alert.
$2,709.1 Liquidated at $0.08761.
Another Big Shakeout in the Market
The crypto market strikes again, and this time, it’s DF (dForce) taking the hit. A total of $2.7091K in long positions has been liquidated at the critical level of $0.08722.
What Went Down.
Traders holding leveraged longs on DF were caught off-guard as the price plummeted to $0.08722, a significant support level.
This liquidation signals heightened volatility, with bears temporarily taking control of the market.
Why This Matters.
Liquidations at these levels often indicate a broader trend shift or an attempt to retest critical zones.
A large liquidation event could hint at increased selling pressure or a potential liquidity grab before a reversal.
Key Levels to Watch.
Resistance: $0.0900 – Bulls need to regain this level for upward momentum.
Support: $0.0850 – A break below could trigger more liquidations, driving the price lower.
Trading Insights:
Volatility is at its peak—keep your leverage low and stop-losses tight.
Look for confirmation before entering new positions. A bounce from the support zone or a clear breakout above resistance could offer opportunities.
The Market Is Ruthless—Are You Ready to Play Smart.
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