A massive $1.0607K $INJ long position has just been liquidated at $20.75734!
The liquidations keep rolling in, and this one is sure to leave traders on edge.
Such sudden price movements are proof of how quickly the market can turn.
With this liquidation, all eyes are now on the price action of $INJ — will it stabilize or continue to tumble?
Important Details:
Liquidation Size: $1.0607K
Liquidation Price: $20.75734
Affected Position: INJ Long
Market Impact: Increased volatility with potential for further shakeouts in the short term.
Next Move: Watch for a potential retest of key support levels around $20.
If $INJ fails to hold above these levels, there could be further downside, leading to more liquidations.
However, if the market finds some stability, there might be a rebound.
For now, stay alert and be ready to take quick action depending on the upcoming price movements and whether support holds.