$BB has just triggered a major long liquidation of $87.7K at $0.267, signaling a sharp pullback and a shift in market dynamics.
This liquidation reflects mounting pressure on long positions, as BB faces downward momentum, contributing to the current price decline.
With such a large liquidation event, $BB could see increased volatility, potentially sparking additional long liquidations and intensifying the downward movement.
BB is under pressure in the short term, and traders should stay alert for signs of further weakness or a potential reversal.
Keep a close watch on $BB as it reacts to this market shift.