Massive Liquidation Alert for $COW
A long liquidation of $1,668.4K just took place at $0.5951. This signals intense market volatility and potential price movement.
What This Means:
A major long position was wiped out, indicating a shift in market sentiment.
Possible downward pressure if sellers take control, but also a chance for a strong rebound if demand kicks in.
Key Levels to Watch:
Support: If $0.5951 holds, we may see a bounce.
Resistance: Bulls need to reclaim higher levels to regain momentum.
Trading Strategy:
For Buyers: Look for strong support confirmation before entering.
For Sellers: A break below could trigger further downside.
Stay alert—volatility is here.
#COW #MicroStrategyAcquiresBTC
VOXEL
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VOXEL
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VOXEL
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