Long Liquidation Alert $ACX Bulls Crushed
A staggering $9.9062K was liquidated as plunged to $0.5688.
What’s the Story
A sharp price drop left long positions scrambling, triggering a major liquidation of nearly $10K.
This move reflects increasing bearish pressure, testing the resilience of bulls.
Key Stats
Liquidation Amount: $9,906.20
Liquidation Price: $0.5688
Market Sentiment: Bearish with heightened selling pressure.
Why It Matters
Such a significant liquidation signals a potential trend shift or increased market volatility.
Traders should watch for either a rebound or deeper pullbacks in the coming sessions.
Levels to Watch Next
Resistance: $0.580 — Bulls need to reclaim this level to regain control.
Support: $0.560 — A break below could lead to further downside.
Volume Analysis: Rising volumes on the dip may indicate panic selling or accumulation by smart money.
Your Move
Are you buying the dip, waiting for stability, or sitting this one out?
Drop your strategies and insights on in the comments below!
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