Massive $BSW Liquidation Alert.

A significant long liquidation of $3,052.3 occurred at the critical price level of $0.0795.

This indicates a potential shakeout in the market, as traders face intense volatility. Liquidations at such levels often signal critical support breaks or a manipulation effort to trigger stop losses.

What does this mean.

Price Level ($0.07883): This level might have been a crucial support zone for long positions, now broken.

Liquidation Volume ($3,052.3): A notable liquidation for $BSW showing that leveraged positions were forced to close, potentially leading to more downside pressure.

Key Levels to Watch:

Immediate Resistance: $0.085

Immediate Support: $0.075

Market Implications.

A bounce-back is possible if buyers step in, using the liquidation event as an opportunity.

A further drop could follow if bearish momentum continues, dragging $BSW to lower support levels.

Pro Tip: Always use proper risk management when trading, especially in high-leverage scenarios. The market can be unpredictable, and liquidation events like these serve as a reminder of the risks involved.

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