$WIF Liquidation Alert:
Long positions worth $58.6K were liquidated at $2.663. Here’s the breakdown:
Key Highlights:
Significant Liquidation: $WIF hit $2.663, triggering the liquidation of $58.6K in long positions.
Bearish Pressure: The sharp drop indicates a shift in market sentiment, with increasing selling pressure.
Market Instability: The liquidation event suggests heightened volatility, with further price fluctuations likely.
Next Move:
Short-Term Strategy: Watch $2.60 for potential support. If this level holds, there could be a slight rebound. A break below may target $2.50.
Risk Management: Tighten stop-loss orders and look for signs of stabilization or reversal around $2.70.
Stay alert for market movements!
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