$ME Long Liquidation Alert: $7.8599K Wiped Out at $3.2932
The crypto market just delivered another blow as $7,859.9 in $ME long positions was liquidated at a pivotal price of $3.2932.
This significant move highlights an intense bearish grip on $ME, shaking bullish resolve.
Key Details:
Liquidation Amount: $7,859.9
Liquidation Price: $3.2932
Market Sentiment: Heavy selling pressure with bears leading the charge.
Next Moves:
1. Watch Key Support Levels: Keep an eye on $3.20 as a potential next support zone.
If broken, the decline could accelerate.
2. Scalp the Volatility: Short-term traders may find opportunities in quick rebounds or further breakdowns.
3. Risk Mitigation: Tighten stop-losses and limit exposure to avoid heavy losses in this volatile phase.
The $ME market is under siege.
Stay vigilant, adapt swiftly, and look for tactical opportunities to turn this storm into a profitable ride.