$STEEM Long Liquidation: $4.9396K at $0.26301
A major shakeup in the market with a $4.9396K long liquidation on $STEEM at $0.26301.
This massive liquidation is a strong indicator of volatility, and we may see significant price swings in the near future.
Important Details:
Long liquidation volume: $4.9396K
Liquidation price: $0.26301
Market reaction: A potential for continued downward pressure as liquidations drive further selling.
Suggested Next Move:
Stop Loss: Set your stop loss around $0.27 to manage risk, especially if the price starts to reverse upward.
Watch for Support Levels: If $STEEM continues to drop, monitor key support near $0.26.
A break below could trigger further selling pressure.
Be Ready to Adjust: Stay flexible—if the price rebounds, consider adjusting your strategy or locking in profits at resistance levels around $0.28.
Stay vigilant and ready to act as the market unfolds!