#MEW Long Liquidation ALERT!
$58.8K Long Position Liquidated at $0.009682!
In a shocking market move, $58.8K of #MEW long positions were completely wiped out at $0.009682! Bears stepped in aggressively, sending the price crashing and triggering a cascade of liquidations.
What Sparked the Drop?
Bearish Takeover: A sharp downturn caught over-leveraged longs off guard.
Liquidity Hunt? Was this a calculated move by whales to clear out vulnerable positions?
Market Sentiment Shift: With this liquidation, are we heading into a deeper correction or will bulls attempt a comeback?
Critical Levels to Watch:
Support: $0.0095—can this zone provide a floor for a potential bounce?
Resistance: $0.0098—will bulls struggle to reclaim this level?
For Traders:
👉 Risk management is key—don’t get caught in the liquidations!
👉 Keep leverage in check—protect your capital.
👉 Watch for signs of reversal—opportunities often come after major shakeouts.
The MEW market just took a wild turn—will the bulls regroup, or is the downtrend here to stay?
Stay alert!