$RONIN longs were hit aggressively as the market sliced through the $0.115 zone with almost no mercy. The biggest wipe came in at $9.714K, followed by another liquidation shortly after — a sign that leveraged traders kept trying to defend support and failed repeatedly.This matters because repeated liquidations at nearby levels usually expose a weak structure underneath the market. Traders were positioned for continuation, but the tape showed the exact opposite: exhaustion, panic, and forced closures.

$RONIN
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