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The market just saw a huge long liquidation of $9.47K at $25.59.
This means a whale or multiple traders got wiped out, as the price crashed to hit their stop losses and margin calls. With such liquidations, volatility could spike further, leading to either a sharp recovery or deeper corrections.
What This Means:
Liquidation Chain Reaction. If more longs are overleveraged, we could see another wave of liquidations, dragging prices lower.
Bounce Back. If buyers step in aggressively, we might witness a strong recovery rally.
Key Levels to Watch: Support Zone: If selling pressure continues, the next major support could be around $24.50 - $25.00. Resistance Zone: If bulls regain control, expect a possible push back toward $27.00 - $28.50.
Stay sharp, watch for volume spikes, and trade smart.
What’s your move. Buying the dip or waiting for confirmation.
$XRP The crypto market has just witnessed an XRP short liquidation worth $9.4981K at a price level of $2.1195 This liquidation event signals a significant price movement and could be a critical turning point for XRP traders.
What Does This Mean.
A short liquidation happens when traders betting against the price (short sellers) are forced to close their positions as the price rises unexpectedly. This often triggers a cascade of buy orders, driving the price up even further.
Why is This Important.
1. Price Action: XRP hitting $2.1261 is a significant level, indicating strong bullish momentum.
2. Market Sentiment: Liquidations like this suggest many traders were caught off guard by the surge, potentially fueling further upward momentum as shorts exit their positions.
3. Potential Breakout: If XRP maintains this upward trajectory, we could see it challenging new resistance levels soon.
Key Levels to Watch for $XRP
Support Zone: $1.90 - $2.00 (if the price retraces)
Buy Zone: Look for pullbacks near $2.00 for potential entries.
Stop Loss: Place below $1.85 to manage risk.
Target Levels: $2.30, $2.50, and $2.75 in case of sustained bullish momentum.
Trade Smart, Stay Informed.
The recent liquidation highlights the importance of risk management and staying updated with market trends. $XRP journey to $2+ shows a promising bullish outlook, but remember, the crypto market is highly volatile.
$XPL The long liquidation at $0.1337 indicates buyers were forced out after price lost key support. This often leads to short-term bearish continuation or a deeper pullback. As long as $XPL trades below $0.138, sellers remain in control.
Entry Price (Short): $0.1330 – $0.1350 (retest of liquidation zone / resistance)
Targets: $0.1280 (first support) $0.1220 (strong support, main target)
Stop Loss: $0.1395 (above recent resistance to avoid fake breakouts)
Bias: Short-term bearish unless price reclaims $0.138 with strong volume.
Use proper risk management and avoid over-leverage.
$DOLO The long liquidation at $0.0404 shows buyers were trapped after price failed to hold support. This usually brings short-term bearish pressure and a possible continuation move down unless $DOLO quickly reclaims $0.0415 with strong volume.
Entry Price (Short): $0.0402 – $0.0408 (retest of liquidation zone / resistance)
Targets: $0.0385 (first support) $0.0368 (strong support, main target)
Stop Loss: $0.0418 (above recent swing high to avoid fake breakouts)
Bias: Short-term bearish while price stays below $0.0415.
Strict risk management is recommended due to high volatility.
$BTC The short liquidation at $87,086 shows strong buying pressure as sellers were forced to close positions. This usually supports short-term bullish continuation. As long as $BTC holds above $86,500, momentum remains positive and dips may be bought.
Entry Price (Long): $86,800 – $87,200 (pullback to liquidation zone / support)
$FORM The short liquidation at $0.3991 indicates sellers were squeezed and price pushed above a key level. This often signals short-term bullish momentum and the possibility of continuation if price holds above $0.39 with good volume.
Entry Price (Long): $0.395 – $0.402 (pullback to liquidation zone / support)
Targets: $0.420 (first resistance) $0.450 (strong resistance, main target)
Stop Loss: $0.382 (below recent support to avoid fake breakdowns)
Bias: Short-term bullish while price stays above $0.39.
Trade with confirmation and manage risk carefully.
$ETH The long liquidation at $2927.57 shows buyers were forced out after $ETH failed to hold this support. This often leads to short-term bearish continuation or a deeper pullback before any bounce. As long as price stays below $2960–$3000, downside pressure remains.
Entry Price (Short): $2930 – $2960 (retest of liquidation zone / resistance)
Targets: $2860 (first support) $2800 (strong support, main target)
Stop Loss: $3010 (above key resistance to avoid fake breakouts)
Bias: Short-term bearish unless ETH reclaims $3000 with strong volume.
Use proper risk management and avoid high leverage.
$FOLKS The long liquidation at $10.317 indicates buyers lost control and price broke below short-term support. This usually brings short-term bearish continuation or consolidation. If price stays below $10.50, downside pressure may continue.
Entry Price (Short): $10.25 – $10.40 (retest of liquidation zone / resistance)
Targets: $9.90 (first support) $9.50 (strong support, main target)
Stop Loss: $10.70 (above recent swing high to avoid fake reversals)
Bias: Short-term bearish unless price reclaims $10.70 with strong volume.
$PTB The long liquidation at $0.006232 shows buyers were trapped and price failed to hold support. This usually creates short-term bearish pressure. If volume stays weak, $PTB may continue a pullback before finding a base.
Entry Price (Short): $0.00620 – $0.00630 (near liquidation zone / minor resistance)
Targets: $0.00590 (first support) $0.00560 (stronger support, main target)
Stop Loss: $0.00655 (above recent high to avoid fake breakouts)
Bias: Short-term bearish until price reclaims $0.0065 with strong volume.
Risk management is important—use small position size and strict stop loss.
$ASTER The long liquidation at $0.892 shows trapped buyers and a breakdown of short-term support. This increases the probability of further downside or a deeper pullback unless price quickly reclaims the liquidation zone with strong volume.
Entry Price (Short): $0.885 – $0.900
Target: $0.840 – $0.810
Stop Loss: $0.925
Bearish bias remains below $0.89; a strong recovery above $0.925 invalidates the setup.
$ETH strong short liquidation around $3,128.91 signals bearish positions getting squeezed, which often fuels upward momentum. If ETH holds above this level, buyers may push price toward higher resistance zones. Volume continuation will be key for follow-through.
Entry Price (Long): $3,120 – $3,150
Target: $3,220 – $3,300
Stop Loss: $3,050
Bullish bias above $3,130; a sustained drop below $3,050 invalidates the setup.
$IRYS The short liquidation at $0.03234 indicates bears were squeezed, suggesting short-term bullish momentum. If price holds above this zone, continuation toward higher resistance levels is likely. Watch volume for confirmation.
Entry Price (Long): $0.0322 – $0.0326
Target: $0.0345 – $0.0360
Stop Loss: $0.0312
Bullish bias above $0.0323; a drop below $0.0312 invalidates the setup.
$PHA The long liquidation at $0.03889 shows trapped buyers and weakening bullish structure. This usually opens room for further downside toward lower support levels unless price quickly reclaims and holds above the liquidation zone.
$CELR The long liquidation at $0.003846 indicates trapped longs and fading bullish momentum. This often leads to further downside or a support retest unless price quickly reclaims the liquidation zone with strong volume.
Entry Price (Short): $0.00382 – $0.00388
Target: $0.00360 – $0.00345
Stop Loss: $0.00400
Bearish bias below $0.00385; a sustained move above $0.00400 invalidates the setup.
$PIEVERSE The long liquidation at $0.3617 signals trapped buyers and weakening bullish momentum. This often leads to continued downside or a deeper pullback toward lower support unless price quickly reclaims the liquidation level.
Entry Price (Short): $0.358 – $0.365
Target: $0.335 – $0.320
Stop Loss: $0.375
Bearish bias below $0.36; a strong move above $0.375 invalidates this setup.
$0G The long liquidation at $0.896 shows buyers got trapped, signaling short-term weakness. Price rejection from this level suggests sellers are in control and a further dip toward lower support is possible unless $0.90 is quickly reclaimed.
Entry Price (Short): $0.89 – $0.90
Target: $0.84 – $0.81
Stop Loss: $0.93
Bias remains bearish below $0.90; recovery above $0.93 would invalidate the setup.
$BEAT A long liquidation at $2.7944 indicates weak buyer support and forced sell-offs. This usually opens room for further downside or at least a retest of lower support levels. Bias remains bearish unless price quickly reclaims the liquidation zone.
$SOL A short liquidation near $133.98 shows bears getting squeezed, which often leads to a short-term bullish push. Price holding above this level suggests buyers are in control. Momentum favors an upside continuation if volume supports.