Massive $XTZ Long Liquidation Alert!
Tezos ( $XTZ ) has just faced a significant long liquidation totaling $4,869.6 at a critical price of $1.444. This signals strong bearish pressure and potential volatility ahead. Here's what you need to know and how to position yourself:
Key Details:
1. Liquidation Size: $4.8696K is a notable liquidation event, indicating high leverage and trader optimism crushed at this level.
2. Critical Level: The $1.444 price point acted as the tipping zone. Watch for this level to flip between resistance or support.
3. Market Sentiment: The liquidation hints at intensified selling pressure, potentially dragging the price further down.
Next Move Suggestions:
Short-Term Traders:
Monitor price action near $1
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XTZUSDT
1.437
-1.3%