$MASK Massive Liquidation Alert.

The crypto markets just witnessed a $3.5256K long liquidation for $MASK, taking place at a price level of $2.999.

What Happened.

Traders holding long positions were betting on an upward move for $MASK . However, as the price dipped to $2.998, these positions hit their liquidation thresholds, forcing sell-offs and triggering a cascade of losses.

Why This Matters.

Liquidations of this size can shake the market, causing heightened volatility and uncertainty. This might create opportunities for strategic traders to re-enter or short the market at crucial levels.

Key Levels to Watch:

Support Zone: Around $2.90 - $3.00 (Could provide a bounce if buyers step in).

Resistance Zone: Around $3.20 - $3.30 (Critical for bulls to reclaim).

Strategic Insights:

For Bulls: Watch for signs of reversal above $3.00 before taking positions.

For Bears: Consider short opportunities if $MASK fails to reclaim $3.20.

This liquidation highlights the risks and rewards of crypto trading. Stay cautious and use proper risk management.

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