$S LONGS WIPED OUT! $2.6449K LIQUIDATED AT $0.48246!
A brutal storm just hit S traders! Over $2.6449K in long positions got wrecked at
$0.48246, triggering a wave of forced liquidations and market panic.
Is this a calculated move by the whales, or are we witnessing the start of a deeper downtrend?
What Just Happened?
$S price dipped below key support, leading to a liquidation cascade that intensified the selling pressure.
Leveraged traders were forced out of positions, pushing the price down even further as automated sell-offs kicked in.
Now, the market is at a crossroads—can bulls reclaim control, or will bears drag S even lower?
Why This Matters?
Liquidations create extreme volatility, causing massive price swings that can trap both bulls and bears.
If S fails to recover quickly, more longs could be at risk, leading to even further declines.
However, if strong buyers step in, we could see a violent reversal, catching short sellers off guard!
Key Levels to Watch
Resistance: $0.50, $0.52, and $0.55—S must break above these for a bullish recovery.
Support: $0.47 and $0.45—losing these could signal another leg down.
What’s Next?
$S For Long Traders: A painful blow—will you double down or wait for confirmation?
For Bears: Momentum is in your favor—can you push S even lower?
Will S bounce back strong, or is this just the beginning of more pain? Drop your thoughts below!
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