$STX Liquidated Long: $97.5K at $2.180
A huge shakeup in #STX today, with $97.5K in long positions liquidated at $2.180!
Bulls were caught off guard as the price failed to sustain higher levels, leading to a sharp drop and triggering massive sell orders.
What’s next for $STX ?
The liquidation shows some weakness in the bullish momentum, with the price struggling to stay above key levels.
Key levels to watch:
• $2.080 support: This level could act as a solid base if the downtrend continues.
• $2.30 resistance: If #STX can break above this, it might signal a potential reversal.
Next move?
Wait for confirmation at $2.00 support before entering any positions.
If the price fails to hold, further downside could be in play.
Monitor resistance at $2.30 for any signs of a bullish recovery.
Stay cautious and trade with a clear risk management strategy!
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