$HEMI Long Liquidation: $1.5115K at $0.01085

A $1.5115K long liquidation at $0.01085 indicates that leveraged buyers were forced out as price dropped below a short-term support level. This type of liquidation reflects immediate downside pressure and a shakeout of overextended positions.

Such events often reset market leverage, reducing excess buying pressure and creating clearer conditions for the next move. Traders will now watch whether $0.01085 acts as a pivot for a bounce or if further weakness develops toward the next support zone.

Sustained trading above this level could signal stabilization, while continued selling below it may indicate further short-term downside.

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HEMI

0.01052

-7.88%