๐Ÿšจ INTC LONGS KEEP GETTING HIT โ€” $118K LIQUIDATION SHAKES THE MARKET!
Another wave of bullish positions has been wiped out! This time, $118,000 in INTC long positions were liquidated around $65.64.
๐Ÿ“Š What Makes This Alert Important?
Repeated long liquidations around the $65โ€“$66 region indicate that leveraged buyers are facing difficulty defending their positions. This latest $118K flush adds to the growing pressure on bullish traders.
๐ŸŽฏ NEXT MOVE: TWO SCENARIOS TO WATCH
๐Ÿ”ด Bearish Continuation: If INTC remains below $65.64, sellers may attempt to push prices lower, potentially triggering another round of long liquidations.
๐ŸŸข Bullish Comeback: A strong reclaim of $65.64, backed by increasing volume, could signal buyer strength and open the door to a recovery.
๐Ÿ”ฅ My Professional Take: Short-term momentum deserves caution. I favor waiting for a confirmed rejection or breakout before taking a directional position. The repeated liquidation activity makes this price zone particularly important.
โš ๏ธ Protect your capital, avoid excessive leverage, and never treat liquidation data as a guaranteed trading signal.
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