🔥 $OPEN Traders Shaken! 🔥
Massive Long Liquidation of $25.093K at $0.57246 just hit the books!
Leverage buyers caught off guard as the price dips, flushing out weak hands and creating fresh volatility in the market.
📉 What it means:
Long positions are getting wiped → pressure shifts to the downside.
Bears gaining confidence after liquidation.
If support at $0.570 breaks, next zone could drag lower.
📈 Next Move:
Watch for a bounce near $0.570 – potential entry if bulls defend this zone.
If breakdown continues, safer re-entry is around $0.550.
Upside recovery could target $0.590 – $0.605 if bulls reclaim momentum.
⚡ Key takeaway: This is a shakeout phase — smart money is watching for re-entries while weak longs get flushed. $OPEN