$T Long Liquidation Alert
A $15.987K long position on T was liquidated at $0.03197 due to a price drop hitting the liquidation threshold.
What It Means:
Downward Momentum: The liquidation added selling pressure, pushing the price lower.
Volatility Spike: Expect rapid price movements as the market digests this event.
What to Watch Next:
1. Support Levels: Keep an eye on $0.0315 and $0.0300 as potential support zones.
2. Resistance Levels: If T recovers, resistance may form around $0.0330.
3. Volume Trends: High trading volume could signal further action—either recovery or deeper corrections.
4. Market News: Stay updated on any news affecting T’s price dynamics.
Be cautious and watch for the next move—this could open opportunities or risks depending on market sentiment!