⬇️ XMR keeps giving ground and just swept the liquidation zone for longs at 307.12 💥
The bearish move had already liquidated leveraged positions from the region of 331.20, and the selling pressure ended up hitting the next significant block of long liquidations around 307.12.
⚠️ After capturing that liquidity, Monero is trying to stabilize above the swept zone. The price reaction here will be key to determine whether the market finds temporary support or if it looks for new liquidation areas lower down.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#XMR #Monero #Crypto #Trading #Futures #Liquidations
The bearish move had already liquidated leveraged positions from the region of 331.20, and the selling pressure ended up hitting the next significant block of long liquidations around 307.12.
⚠️ After capturing that liquidity, Monero is trying to stabilize above the swept zone. The price reaction here will be key to determine whether the market finds temporary support or if it looks for new liquidation areas lower down.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#XMR #Monero #Crypto #Trading #Futures #Liquidations