$ME Long Liquidation: $1.7929K at $3.556
A significant $1.7929K liquidation just occurred at $3.556 for $ME , shaking the market.
This sudden drop highlights the extreme volatility, leaving traders wondering if it's a correction or a deeper trend reversal.
Next Move?
Watch for Support Levels: Look for potential support near $3.50. If it holds, there might be an opportunity to buy the dip.
Risk Management: Stay cautious—volatility is high, and the market could move swiftly in either direction.
Short Term: Consider waiting for confirmation before entering any positions.