Flash Alert: $XVG Long Liquidation of $1.206K at $0.01304!
A key liquidation event has just shaken the $XVG market! A $1.206K long position was wiped out at $0.01304, signaling increasing selling pressure.
This could indicate further downside risks if bulls fail to defend critical support levels.
Key Details:
Liquidation Amount: $1.206K
Liquidation Price: $0.01304
Market Sentiment: Bearish dominance creeping in as longs get liquidated.
Next Move:
1. For Long Traders: Reduce exposure and watch the $0.01250-$0.01300 range for signs of support.
Wait for a confirmed reversal before re-entering.
2. For Short Sellers: Consider initiating positions on weak bounces or resistance near $0.01350.
Use tight stop-losses to manage risk.
3. Market Analysts: Monitor volume and order book activity.
A break below $0.01250 could trigger more liquidations and intensify selling pressure.
The $XVG market is on edge, and volatility is building.
Keep your strategy tight and stay ahead of the next big move!