$TRX Traders Wrecked! $77.6K Long Position Liquidated at $0.209
Liquidation Breakdown:
Liquidated Amount: $77,600
Liquidation Price: $0.209
The TRON market just claimed another victim as bullish traders faced a massive liquidation at $0.209!
This $77.6K wipeout highlights the brutal side of leveraged trading, with long positions collapsing under selling pressure.
What Went Down?
Bearish Momentum: A sharp rejection near resistance sent $TRX tumbling below critical support.
Market Sentiment: Is this a broader trend, or was it a targeted move to trigger stop losses?
Cascading Impact: With this liquidation, more leveraged positions could be at risk, intensifying volatility.
Key Levels to Watch:
Immediate Support: $0.205 – A critical zone to prevent a deeper sell-off.
Resistance Above: $0.215 – Bulls must reclaim this to turn the tide.
The Aftermath:
This sudden liquidation might open up new trading opportunities, but caution is key.
bulls are coming ...
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