$FTM
Long Liquidation: $33.3K at $0.776
Bears Deliver a Blow to the Bulls!
At the critical price of $0.776, a total of $33.3K in long positions was wiped out, marking a sharp turn for #FTM. The market shows no mercy as overleveraged traders face the consequences of bearish momentum.
š„ Key Takeaways:
Bearish Momentum: Sellers are gaining the upper hand, forcing bulls into retreat.
Volatility Spike: This liquidation could trigger further downward pressure or set the stage for a reversal.
Whatās Next for #FTM?
Support Levels: If the decline continues, FTM might test $0.760-$0.765.
Recovery Zone: A rebound above $0.785 could spark a push toward $0.800, reigniting hope for buyers.
Stay Ahead of the Market!
The battle is fierceāwill you adapt and thrive, or get caught in the storm? Smart moves now can make all the difference!