$ONE Long Liquidation Alert
Amount: $2,467.2
Price: $0.02555
What’s happening?
The market has seen a major liquidation for ONE, indicating a bearish sentiment or a stop-loss triggered in a volatile move.
Key Insights:
1. Volume Surge: Liquidations often occur during high volatility. Watch for increasing trade volume for further signals.
2. Support Level: Check if $0.025 is holding as support. A break below this could signal further downside.
3. Resistance Zone: The next resistance is likely around $0.0265–$0.027.
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Suggested Next Moves:
1. For Short-Term Traders:
If it breaks below $0.025 with volume, consider a short or wait for a new entry point.
If it holds, it may rebound slightly. Look for a bounce.
2. For Long-Term Holders:
Monitor the overall market trend (Bitcoin & altcoins). If Bitcoin stays bullish, this could be a short-term shakeout.
Accumulate cautiously near $0.025 if you're confident in the project's fundamentals.