"Massive $ATOM Liquidation Alert! A $1,052.7K long position just got liquidated at the critical $7.409 level.
This event has sent shockwaves through the market, hinting at heightened volatility ahead.
Key Details:
Liquidation Size: $1.0527K
Price Level: $7.409
Market Sentiment: Bearish pressure is mounting, with $ATOM bulls losing ground at this pivotal support level.
Next Move:
With support at $7.409 breached, all eyes are on the next key level—watch for potential support around $7.30 or a broader retracement.
Short positions may gain momentum if bearish sentiment persists. For bulls, reclaiming $7.50 could be crucial to shift momentum.