$BEL is getting flushed.
We are seeing a clear liquidation cascade with the price down to $0.1136. With OI sitting at 28.26M and funding at -0.1876%, the leverage is being aggressively wiped out.
Market mechanics matter more than sentiment right now. Watch for stabilization before calling any bottoms. 📉
We are seeing a clear liquidation cascade with the price down to $0.1136. With OI sitting at 28.26M and funding at -0.1876%, the leverage is being aggressively wiped out.
Market mechanics matter more than sentiment right now. Watch for stabilization before calling any bottoms. 📉