$FET Long Liquidation Alert!
$7,303 liquidated at $1.3279 as bulls faced a brutal defeat! The bears took control, wiping out over-leveraged long positions in a sharp market reversal.
Key Thrilling Insights:
1. Liquidation Breakdown:
Long traders who bet on FET’s price rising beyond $1.3279 were forced out, highlighting a sudden shift in market sentiment.
2. Bearish Momentum:
The liquidation suggests strong selling pressure at this level, as bears gain control. This could lead to further downward momentum if no recovery occurs.
3. Critical Price Level ($1.3279):
$1.3279 now acts as a key resistance level for any potential recovery. Bulls will need to reclaim this level to regain momentum.
4. Volatility Spike:
The size of the liquidation ($7.3K) indicates heightened volatility, creating sharp movements and trading opportunities on both sides of the market.
Thrilling Post:
$FET Bulls Wiped Out at $1.3279!
A massive $7.3K in long liquidations just hit as the bears dominate, driving prices lower in an intense market showdown!
What Happens Next?
Bearish pressure grows—will prices continue to drop, or will bulls mount a comeback?
If $FET breaks lower, more long positions could face liquidation, intensifying