$XMR Long Liquidation Shock!
A $4,803 long liquidation just slammed XMR at $238.45 — bulls just got flushed out hard!
This liquidation signals that leveraged buyers were forced to exit, fueling downward pressure and giving bears the upper hand for now.
Key Levels to Watch:
Support Zone: $236.80 – $237.00 — if this breaks, expect acceleration to $234.50
Resistance: $239.50 — bulls must reclaim this to shift momentum back
Trend: Weakening after liquidation, short-term bias tilting bearish
Large liquidations like this often shake the market and can trigger chain reactions — watch for either a bear continuation or a dead-cat bounce if buyers step in aggressively.
Stay alert —$XMR is heating up and could see big volatility ahead.
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