$THETA Liquidation Alert!
A long position worth $1,064.20 was wiped out at a critical price level of $2.2046. This indicates the market's sharp volatility has caught leveraged traders off guard.
Key Takeaways:
Price Action: THETA dipped aggressively to trigger this liquidation.
Volatility Insight: A strong sell-off likely cascaded into forced liquidations.
Next Moves:
Watch for $2.20 as a pivotal level. If bears dominate, $2.15-$2.10 might come into play.
Bulls need to reclaim $2.25 for a potential rebound.
Stay vigilant, as the tides in the crypto market can change instantly! Will THETA bounce back, or is a deeper dive imminent?