$STX Long Liquidation just rattled the market
Liquidated Amount $2,007.5 USD
Liquidation Price $1.499
The bulls were caught off guard as the price tumbled to this critical threshold, triggering significant long liquidations. The increased volatility highlights growing uncertainty in the market
Key Insights
Support Breakdown $1.499 is now a critical zone will it transform into resistance, or can bulls reclaim control
Volatility Surge Liquidation events like this often lead to unpredictable price swings, making this a trader’s market.
Opportunities Ahead
Bears could push for further downside.
Bulls might attempt a relief rally if buy-side interest kicks in.
