$1MBABYDOGE Long Liquidation: $5.4673K at $0.00415
1. What Happened?
A long position worth $5.46K was liquidated as #1MBABYDOGE's price dropped to $0.00415.
Bullish traders faced losses as the token failed to maintain upward momentum.
2. Market Analysis
Bearish Pressure: Sellers dominated, pushing the price to a critical support level.
Support Zone: $0.00410 is the immediate level to watch for a rebound.
Resistance Ahead: Recovery might face resistance near $0.0043.
3. What’s Next?
Potential Rebound: If buyers step in at support, we could see a recovery to $0.0042-$0.0043.
Further Drop Risk: Weak buying interest could pull the price toward $0.004.
4. Trading Tips
For Bulls: Wait for confirmation of a bounce before entering. Target $0.0043-$0.0045.
For Bears: Keep positions tight; a break below $0.00410 could signal more downside.
Keep a close eye! A decisive move in either direction will set the trend.
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