$1000SATS Long Liquidation Alert

A $52K long position was liquidated at $0.000309, signaling that bullish momentum is fading and bears might be taking control.

Market Insight

This liquidation points to increased selling pressure, with the market potentially shifting to a bearish trend.

The current level is critical for bulls to defend.

Key Levels to Watch

🔻 Support: $0.000300 — A breakdown here could lead to further declines toward $0.000290.

🔺 Resistance: $0.000315 — Bulls need to push past this level to regain control.

Strategy Outlook

Be cautious with long entries; wait for confirmation of a solid support level before going long.

Short positions could be considered if the support at $0.000300 fails to hold.

Stay sharp and protect your trades!

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$1000SATS