$GMT Long Liquidation Alert! 🚨
A $10.121K long position was liquidated at $0.18885, signaling weakness as buyers failed to hold key levels.
Here’s what you need to know and what could happen next:
What’s Happening?
Long Liquidation: Selling pressure has pushed prices lower, squeezing buyers.
Bearish Sentiment: Sellers are in control unless buyers reclaim key support.
Key Levels to Watch
Support: $0.1850 – A critical zone where buyers may step in.
Resistance: $0.1950 – Bulls must reclaim this level to regain momentum.
What’s Next?
For Long-Term Holders: Watch if price stabilizes above $0.1850 before making decisions.
For Traders:
Avoid jumping in too early; wait for signs of reversal or support confirmation.
Use stop-losses to protect against further drops.
Market Context
If selling pressure continues, the price may retest lower levels. Watch volume and overall market sentiment for signs of recovery.
#GMT needs buyer strength to bounce back—stay cautious and watch key levels!