$RDNT Liquidation Alert: Storm in the Markets
Long Liquidation just rocked the charts!
Amount Liquidated: $1,097.6
Liquidation Price: $0.0658
What Happened
Radiant Capital bulls got caught in a steep downturn as the price nosedived to $0.06415, triggering $1.1K worth of long positions to be liquidated. This is a clear sign of bearish dominance, testing traders' resolve in this volatile phase.
Market Breakdown
Asset: Radiant Capital
Liquidation Type: Long
Liquidation Amount: $1.0976K
Liquidation Price: $0.0658
Market Impact: A ripple effect as long liquidation adds to selling pressure, accelerating the decline.
Key Levels to Watch
1. Support: $0.060 Critical zone where buyers may step in.
2. Resistance: $0.070 Bulls need to reclaim this for recovery momentum.
Strategies for Traders
For Bulls: Exercise caution; wait for a confirmed bounce before re-entering.
For Bears: Ride the momentum but set tight stop-losses to avoid reversals.
For Observers: This drop might offer discounted entry opportunities if the fundamentals remain strong.
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