$#ME
A significant long liquidation has just occurred on $ME, indicating strong downside pressure in the short term.
iquidation Details:
Coin: ME
Position Type: Long
Liquidation Size: $5.51K
Liquidation Price: $0.25359
Market Insight:
This liquidation suggests that bullish traders were over-leveraged, and price failed to hold above the key level near $0.254. As the price dropped, long positions were forcefully closed, adding selling pressure to the market.
What This Means:
