$HIGH #HIGH Bulls Wrecked – $55.2K Longs Liquidated at $0.552!
A wave of long liquidations just hit #HIGH, dragging the price down to $0.552 as leveraged traders got caught in the downside move. Buyers were unable to hold key support, leading to cascading liquidations and increased selling pressure.
🔍 What’s Next?
📉 If bearish momentum persists, $0.540 could be the next key level to watch.
📈 A strong push above $0.565 with solid volume might hint at a potential recovery, but caution is advised.
👉 Market remains highly volatile—wait for confirmations before taking new positions!