$PEPE Long Liquidation: $19,824 Wiped Out at $0.01728
$PEPE faced a sharp decline, triggering a $19,824 long liquidation at $0.01728.
The price drop exposed over-leveraged positions, catching many traders off guard and amplifying the sell-off.
This liquidation event reflects a sudden shift in market sentiment, as bulls were overwhelmed by selling pressure.
The liquidation suggests weakening bullish momentum, with the potential for further downside in the short term.
As $PEPE tests key support levels, traders will be watching closely for signs of stabilization or deeper losses.
The next few sessions will be critical in determining whether the coin can recover or if the bearish trend will continue.