Flash Alert: $GAS Long Liquidation Strikes Hard!
In a sudden bearish twist, $1,642.3 worth of GAS long positions were wiped out as the price plummeted to $6.018. Traders hoping for a bullish breakout got caught in the storm.
What Went Down?
1. Bearish Momentum: Selling pressure intensified, breaking through critical levels.
2. Liquidation Cascade: Leveraged positions folded as the market turned south.
What’s Next for GAS?
Support Level: The next key defense lies at $5.80—a critical zone for bulls to hold.
Resistance Zone: A push above $6.30 is essential for any recovery.
Action Plan
This liquidation underscores the importance of risk management. Will this be the turning point for GAS, or does the bearish tide have more to deliver? Stay alert—volatility is king!