#POPCAT Long Liquidation: $42.369K at $0.89376

A massive liquidation rocked the #POPCAT market as a $42.369K long position was wiped out at $0.89376, leaving traders on edge.

What Went Down?

1. High-Leverage Risk: The scale of this liquidation hints at a heavily leveraged position that collapsed as the price breached critical support.

2. Market Volatility: Sudden sell pressure likely accelerated the downward move, catching traders off-guard.

3. Whale Movement?: The size suggests potential whale manipulation to shake out leveraged positions.

Key Levels to Watch:

Immediate Support: $0.88000 – A crucial line where bulls may regroup.

Major Resistance: $0.

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