$MINA Long Liquidation Alert: $2,062 at $0.64663
A significant liquidation wave just hit $MINA, wiping out $2,062 worth of long positions at the critical $0.64663 mark. This indicates heightened volatility and increased selling pressure in the market.
Key Details: $MINA
Liquidation Value: $2,062.1
Price Level: $0.64663
Market Sentiment: Bearish pressure dominates as support levels crumble.
What This Means:
This liquidation event reflects growing fear among long traders, signaling potential further downside or extreme volatility. If you're trading $MINA, brace yourself for rapid price movements.
Next Move:
1. For Long Traders:
Wait for clear support levels to form (e.g., $0.64 or lower).
Use tight stop-losses to mitigate risks.
2. For Short Traders:
Monitor for a break below $0.64 for further downside potential.
Target lower support zones but be wary of sudden reversals.
