$ME Long Liquidation Alert.

Total Liquidation Value: $2.13K

Price at Liquidation: $3.395.

It looks like the market's volatility is shaking things up! The token has seen a massive long liquidation at a crucial level, with over $2,131.9 worth of positions being wiped out at a price of $3.39575. This could be a sign of potential market turbulence ahead, so traders should stay alert.

What Does This Mean for the Market.

Liquidations like these indicate significant price action and might signal that the market is testing a crucial support or resistance level.

Traders who were long on $ME might have been forced out, possibly causing a temporary dip, but this could also present a buying opportunity for those looking to enter at a lower price.

What to Watch:

Support Levels: If $ME holds above this liquidation price, there might be a bounce.

Resistance Levels: If the price fails to recover, we could see further downside, especially if more liquidations hit the market.

Target Watch: Keep an eye on the next levels of support and resistance to gauge the market's next move.

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