This is BS when you look at volume

$MOVR Long Liquidation: $5.9474K at $0.1684!

Details:

Type: Long Position Liquidation

Liquidated Amount: $5.9474K

Price Level: $0.1684

What Happened?
MOCA faced downward pressure, triggering long liquidations at $0.1684.

This event highlights significant sell-offs in the market, intensifying bearish momentum.

What’s Next?

1. Key Levels to Monitor:

Resistance: $0.175 – A recovery here could signal bullish strength.

Support: $0.160 – Holding this level is crucial to prevent further declines.

2. Market Sentiment:

Bearish: Liquidations suggest reduced confidence in price recovery.

Next Target: A break below $0.160 could push MOCA toward $0.150.

3. Action Plan for Traders:

For Buyers: Wait for confirmation of support at $0.160 before entering.

For
Sellers: Use the current bearish trend to capitalize on short positions.

Conclusion:
MOCA’s liquidation event underscores weak market sentiment.

Watch closely for support at $0.160 and resistance at $0.175 for potential trade opportunities! Manage risks carefully in this volatile phase.

#BinanceAirdropsCATandPENGU #VANAOpening #MarketNewHype #ETHHits4KAgain #BTCNewATH