#MOODENG Long Liquidation Hits Hard!
$6,862.6 Liquidated at $0.13446
The market just delivered a crushing blow to the bulls!
Overleveraged traders holding $6.86K in long positions were wiped out as MOODENG dropped to $0.13446, marking a decisive win for the bears.
What This Means for Traders:
1. Bearish Momentum Building: Sellers are clearly in control, pushing prices below critical support.
2. Volatility Alert: Fast and unpredictable price moves are likely—stay sharp!
3. Support Levels Under Siege: This liquidation might trigger further downside action if buyers fail to step in.
Market Pulse: Such liquidations can often snowball, leading to heightened selling pressure and testing traders' resolve.
Eyes are now on whether this is the start of a deeper correction or a temporary shakeout.
Bulls vs. Bears—Who Will Win?: Will the bulls stage a comeback, or are we in for more pain? The battle for MOODENG’s next move is heating up.
Hold on tight, traders! The action is far from over.
What’s your play here—buy the dip or wait it out?
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