$API3 LONG TRADERS REKT! LIQUIDATIONS STRIKE HARD!
The crypto market just delivered another brutal blow as $1.3085K in long liquidations slammed API3 at $0.8213, shaking out overleveraged traders in a vicious long squeeze!
What Just Happened?
$API3 failed to hold critical support, triggering a cascade of forced sell-offs.
Leverage traders got liquidated, adding even more selling pressure.
Bears are gaining the upper hand, pushing prices lower as bulls scramble to recover.
🚨 Why Did This Happen?
• Overleveraged long traders entered too aggressively, expecting an uptrend.
• The market dropped suddenly, forcing liquidations and increasing selling pressure.
• Whales and smart money might be manipulating the price to hunt stop-losses and liquidation levels.
Sell or Buy?
• SELL if:
• API3 fails to reclaim lost support, confirming further downside.
• Momentum remains bearish, and sellers dominate the order books.
• More long liquidations appear, signaling further weakness.
• BUY if:
✅ API3 finds strong buyer support and shows reversal signs.
✅ A whale accumulation pattern emerges, hinting at a potential recovery.
✅ Price breaks key resistance levels, confirming a bullish move.
What’s Next?
With longs getting wrecked, is this a fakeout before a reversal or the start of a deeper correction? Traders need to stay alert because $API3 ’s next move could be explosive!
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