🔴 #AERO Long Liquidation: $9.5582K at $1.07407! 🚨
A sudden and massive $9,558.20 long liquidation hit AERO as the price dropped to $1.07407, liquidating overleveraged positions and sending shockwaves through the market.
Traders are now on high alert as the price action unfolds.
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📊 Key Levels to Watch:
Support: $1.0500 — A critical level that could act as a floor for further declines.
Resistance: $1.1000 — Bulls need to reclaim this level to target a potential recovery.
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What's Next for AERO?
1. Bullish Scenario: If the price holds at $1.0500, we could see a bounce back toward $1.1200.
2. Bearish Scenario: A failure to sustain $1.0500 might push AERO to test the $1.0000 level.
3. Market Sentiment: Caution reigns as traders wait for clearer signals, with many watching for potential buying opportunities near support.
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Pro Tip:
Keep an eye on market volume and momentum shifts. This volatile market demands fast reactions and solid risk management!
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