$APE APE Longs Crushed! $82.3K Liquidated at $0.568!
ApeCoin traders just faced heavy liquidations, with $82,300 in long positions getting wiped out at $0.568! Leverage-fueled longs just got caught in a brutal shakeout, forcing a cascade of stop-outs.
📉 What’s Next for APE?
The liquidation suggests weak buying pressure, and if bulls don’t step up, a deeper drop could be in play. However, if buyers reclaim momentum, we could see a short-term relief rally.
📊 Key Price Zones to Watch:
🔻 Support: $0.550 - $0.560
🔺 Resistance: $0.580 - $0.595
🎯 Trading Strategy:
Traders should watch for reaction at support before entering new positions. A breakdown could trigger more liquidations, while a strong bounce might offer scalping opportunities. Stay cautious!
#ApeCoin #APE #CryptoAlerts