$1000000BOB Long Liquidation: $5.08K at $0.052 — Weak Hands Shaken Out
Bulls just took a hit — $5.08K in long liquidations at $0.052.
Price failed to hold, and leveraged buyers got wiped.
Market Sentiment:
Bearish short-term.
Momentum fading as bulls lose control.
Volume thinning on upward moves — not a good sign.
Next Move:
Hold if already in.
Sell if price breaks $0.050 with volume.
Avoid new longs unless price reclaims key levels.
Targets (Downside):
• Target 1: $0.0490
• Target 2: $0.0455
• Target 3: $0.0412
Stop Loss: $0.0538
Resistance: $0.0550
Summary:
Longs are underwater, and bears are gaining ground.
If $0.050 cracks, expect a sharper drop.
Stay alert — support is weak.
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