$97.1K $DOT LONG LIQUIDATED at $4.857!
The market just claimed another victim—a massive $97.1K long position wiped out in one brutal move at $4.857! This isn’t just a dip; it’s a bloodbath for over-leveraged traders. The liquidation engines are firing, and the sharks are circling.
What’s Happening?
Critical Support Shattered: $4.857 was a key battleground—now it’s just a memory.
Next Danger Zones: Watch for potential downside to $4.75 and even $4.60 if the selling accelerates.
Volume Surge? Look for capitulation candles—either signaling the final flush or a whale-sized accumulation.
What’s the Play?
Bears: Ride the momentum—short the weak bounces. Look for rejection near $4.90 if we see a dead-cat bounce.
Bulls: Don’t catch falling knives. Wait for a strong reclaim of $4.90-$5.00 with high volume before considering longs.
Key Tip:
This is where legends are made—or accounts get wrecked. Manage risk, stay sharp, and don’t let emotions trade for you.
Is this just the beginning of a deeper dive, or are whales setting the trap for the next rally?
Sound off below—what’s your move?