🚨 PYTH MARKET ALERT: LONGS HIT BY A SHARP LIQUIDATION WAVE ⚠️
🔴 #PYTH Liquidated Long: $64.3K at $0.0815
The latest liquidation event shows that leveraged buyers were caught off guard near the $0.0815 level, forcing long positions to close. This type of flush often removes weak hands from the market and can create a reset before the next major move. �
Coinalyze
📉 Market Breakdown:
PYTH is facing short-term pressure after long traders failed to defend the zone. The liquidation suggests sellers are testing buyer strength, but heavy long liquidations can also reduce downside pressure by clearing excessive leverage. �
Swolecharts
🎯 My View on PYTH Next Move:
If PYTH manages to reclaim and hold above the $0.0815 area, buyers may attempt a recovery push toward higher resistance zones.
However, failure to regain momentum could lead to another liquidity hunt before a stronger reversal.
🔥 Key Levels To Watch:
🟢 Bullish recovery zone: $0.0815+
🚀 Possible upside targets: $0.0850 – $0.0900
⚠️ Danger area: Loss of support may invite more selling pressure
💡 Trader’s Insight:
This liquidation looks like a leverage cleanup event. Smart money often watches these moments closely — the next move will depend on whether buyers step back in or sellers continue controlling the trend.
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