#0G Long Liquidation just wiped out $8.162K at $0.69384! Bulls got crushed, sending immediate bearish pressure through the market.
💥 What this means:
Traders holding longs on $0G were forced out, creating sharp downward momentum.
Long liquidations like this often cascade into other low-cap or leveraged coins with high bullish exposure.
The $0.693 zone is now key resistance, and a rejection here could push price lower.
📉 Next Move for $0G:
Immediate support: $0.685 – if it holds, price may stabilize or see a minor rebound
Resistance to watch: $0.698 – bulls need to reclaim this level to regain momentum
Momentum: Heavy selling suggests short-term bearish trend, but oversold conditions may bring a bounce
💡 Next Coins to Watch:
Low-cap or meme tokens with high long exposure are prime candidates for the next cascading liquidations.
Coins correlated with $0G may also face short-term downward pressure.
Thin liquidity zones above $0.694 = potential flash crash spots if big sellers act.
⚡ Pro Trading Insight:
Track order books for stacked longs above resistance—these are next in line for liquidation.
Use support zones and momentum indicators to time potential rebounds.
Volatility is high—tight risk management is crucial, but savvy traders can catch rebounds.
I can also prepare a list of the top 5 coins most likely to explode or drop next after this $0G long liquidation, with key price zones and setups.