$Q — Long Liquidations Highlight Weakness in Bullish Positions

EP (Reference Zone): $0.06805
Liquidation Volume: $4.4077K
Side: Long
Market Bias: Potentially Bearish

Price Action: Q long positions worth $4.4077K were liquidated at $0.06805, indicating pressure on leveraged buyers.

Reason: Further selling could trigger additional liquidations if support weakens. A sustained recovery above resistance would challenge the bearish outlook.

Market Watch: Will Q stabilize or face continued downside pressure?

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