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BRUTAL BLOODBATH FOR LONGS!
$4,979.8 worth of long positions just got liquidated at $0.48366, and it wasn't pretty — long traders just got steamrolled.
The bulls overreached, and the market delivered a cold, calculated punishment.
Here’s what went down:
$S urged with momentum — traders got greedy.
But the price snapped back like a coiled spring, and longs were caught in the trap.
Liquidation candles sliced through the charts, washing out leveraged positions with surgical precision.
Why this matters:
Liquidity wipeout at sub-$0.49 is a signal — support levels are under threat.
Market makers hunting stops? Looks like a classic shakeout before the next move.
Sentiment just got a reality check — only the strong survive in this game.
Key Takeaways:
Leverage kills when timing fails.
This could either be the final flush before a reversal, or the start of deeper downside.
Watch for volume spikes and whale wallets — they're steering the storm.
If you're in the trenches trading $S, it's time to armor up — this chart is moving like a beast.
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