$FLM Long Liquidation Alert
A long position worth $8.6195K was liquidated at $0.0974 for FLM (Flamingo Finance).
This highlights a sudden bearish move that caught long traders off guard.
What Does It Mean?
1. Bearish Momentum:
Long liquidations create selling pressure, pushing the price lower.
2. Increased Volatility:
Market might experience sharp fluctuations as traders react.
What’s Next for FLM?
Support Level: $0.095. Holding this level could prevent deeper losses.
Resistance Zone: $0.100-$0.105. A recovery above this range may signal potential bullish momentum.
Market Sentiment: Bearish unless a strong buying wave stabilizes the price.
Trading Tips:
Keep an eye on $0.095 for signs of a potential bounce or further decline.
Use stop-loss orders to protect your positions in this volatile market.
Follow updates on Flamingo Finance developments to anticipate market moves.
Stay cautious—liquidation events can lead to quick opportunities and risks!
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