$POL CAT Long Liquidation Shock!

A massive $38.6K liquidation occurred at $1.212 for POPCAt longs, signaling strong selling pressure and a quick reversal in market sentiment.

What This Signals:

1. Bearish Momentum: Sellers are in control, driving prices lower.

2. Weak Market Sentiment: Long positions being liquidated suggest a lack of confidence in further gains.

Key Levels to Watch:

Support: $1.15 - A drop below this level could lead to deeper losses.

Resistance: $1.25 - Bulls need to reclaim this to turn the trend around.

Next Steps:

1. Traders: Watch for shorting opportunities if POPCAT remains below resistance levels.

2. Investors: Be cautious and wait for clearer signals of stabilization before entering new positions.

3. Risk Tip: Use stop-loss orders to minimize losses in this volatile market.

POPCAT is under pressure—watch for more movements and adjust strategies accordingly!

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