$PENDLE Long Liquidation Alert.

Massive Long Liquidation: $1.5639K worth of long positions liquidated at a key price of $5.203.

This sudden price drop has wiped out a significant chunk of long positions, triggering a major shakeup in the market. If you're trading $PENDLE , this is a crucial point to monitor, as the market has already shown signs of significant volatility.

Total Liquidation Value: $1.5639K

Liquidation Price: $5.21309

Impact: Huge price action in the market, with long traders being forced out.

What does this mean for the market.

The liquidations indicate strong selling pressure at this level, potentially signaling further downside if the trend continues.

Traders should be cautious, watching for potential opportunities to enter shorts or waiting for stability to make long trades at a better price.

Keep an eye on this.

Stay smart and protect your capital.

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