$ARB ITRUM UNDER FIRE! LONGS LIQUIDATED! 🚨

🔥 $ARB Long Liquidation: $11.70K at $0.2903!

The market just witnessed a brutal shakeout as $ARB dipped into the $0.29 zone, triggering a cascade of long liquidations worth over $11.7K. Leverage traders just got caught in the storm — and smart money might be loading up quietly beneath the chaos.

💣 What Just Happened:

Price broke below $0.292 support, wiping out overleveraged longs.

Heavy liquidation = liquidity hunt complete, paving the way for a cleaner rebound.

Market volatility spiked — a sign of forced exits, not genuine selling pressure.

📊 Market Insight:

Open Interest dropped → leverage flushed out, market reset.

RSI and short-term momentum indicators near oversold zones.

Buyers have shown strong defense near $0.288–$0.290, a key demand block to watch.

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