A massive $1,202.8K ($1.2M) worth of $LUMIA long positions have just been LIQUIDATED at a price level of $1.153.

What Happened.

The market took a sharp downward swing, catching overleveraged long traders off guard. This cascade of liquidations triggered a significant sell-off, pushing prices lower. Such events are a reminder of how volatile the crypto market can be, especially with high leverage at play.

Market Insights.

Liquidation Level: $1.13201

Liquidation Amount: $1.2M (Longs)

Impact: The market experienced increased selling pressure due to forced liquidations.

What’s Next.

For traders:

1. Key Resistance Zone: Watch for recovery toward $1.15–$1.20 levels.

2. Support Zone: Immediate support seems to be near $1.10.

3. Market Sentiment: Bears are in control right now. If bulls don’t reclaim $1.15, we may see more downside.

Pro Tip:

Always set a Stop-Loss to manage your risk and avoid being part of the liquidation train. The market waits for no one!

Stay tuned for live updates and technical analysis on $LUMIA . Will bulls stage a comeback, or is the market bracing for another dip.

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