$NEIRO /USDT – Longs Just Got Wrecked! $9.9K Liquidated at $0.00042
Blood on the Charts… Who’s Next?
A long position worth $9,901 just got liquidated at $0.00042, and that’s no small fry in a microcap environment.
This kind of flush signals heavy downward pressure—and maybe even more pain if support doesn't hold.
What It Means:
That’s nearly $10K in long exposure wiped out in a single candle. This could be the start of a liquidation cascade if panic sets in—or the market might stabilize if absorption kicks in.
Key Levels to Watch:
Immediate Support: $0.00040 – hanging by a thread
Breakdown Zone: $0.00038 – next flush risk
Resistance Ahead: $0.00044 / $0.00047 – bounce back targets if recovery starts
Scenarios to Consider:
Bearish Continuation: If volume picks up and $0.00040 breaks, more long liquidations could get triggered.
Dead Cat Bounce: Brief rebound possible, but watch closely—weak bounces could be short entries for the sharp-eyed.
Pro Tip:
Check lower timeframes (15m–30m) for signs of recovery vs. rejection wicks. Look for volume confirmation before jumping in either direction.
Final Take:
$NEIRO just flushed nearly $10K in longs—that’s a red flag.
Whether it bounces or breaks, this is a high-volatility zone. Play it smart. React, don’t predict.