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1000$PEPE Long Liquidation Frenzy!
A massive shakeout hits the meme coin market!
A jaw-dropping $107K long position on 1000$PEPE just got liquidated at the crucial price of $0.0202.
The market is buzzing as traders scramble to make sense of this dramatic move!
This liquidation underscores intense volatility, wiping out over-leveraged positions and leaving bulls gasping for breath.
Has the meme coin momentum fizzled out, or is this a tactical bear trap?
Key Analysis:
The rejection at $0.0202 suggests heavy resistance, with bears taking charge.
Critical support to watch: $0.0185–$0.0190.
A break below could signal deeper corrections.
Bulls must reclaim $0.0202 quickly to avoid further liquidations and regain control.
Trader Alert: Meme coins are notoriously volatile, and this liquidation highlights the risks of high leverage.
Are more liquidations brewing as weak hands get flushed out?
The battle for 1000$PEPE is far from over!
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