🔴 #1000SHIB Liquidated Long: $147K at $0.008580

1000SHIB market update after a long liquidation at 0.008580

A long position valued at 147000 was liquidated near 0.008580, clearing out leveraged exposure during the sharp intraday decline. Price has moved into the 0.008560 to 0.008600 demand zone where previous reactions have formed. If buyers can defend this level and establish a stable base, a corrective move toward 0.008640 and 0.008690 may follow. Sustained weakness below 0.008560 would shift focus toward the deeper support zone at 0.008520.

The market is currently in a high volatility phase and the next direction will be decided by how price reacts around the 0.008560 to 0.008600 structure.

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1000SHIBUSDT

Perp

0.008425

+1.82%