$DRIFT Faces Another Test as Long Traders Get Liquidated
DRIFT recorded 3.3909K dollars in long liquidations on Binance at 0.01683 dollars.
The liquidation event highlights pressure on leveraged buyers. The next battle is whether buyers can defend support.
Support is near 0.0163 dollars, with 0.0158 dollars as the next level to watch.
Resistance sits around 0.0172 dollars. A confirmed breakout could target 0.0177 dollars and 0.0183 dollars.
If DRIFT loses support, sellers may remain in control. A strong recovery above resistance could change the short-term picture.
Watch volume before making a move.
$DRIFT
#MostTokenizedStockTradingHappensOutsideUSHours #USEthereumETFsSee10StraightDaysOfOutflows #GoogleReleasesGemini4ArgonAIModel #CPIWatch #OptimismOPRises19.98%
DRIFT recorded 3.3909K dollars in long liquidations on Binance at 0.01683 dollars.
The liquidation event highlights pressure on leveraged buyers. The next battle is whether buyers can defend support.
Support is near 0.0163 dollars, with 0.0158 dollars as the next level to watch.
Resistance sits around 0.0172 dollars. A confirmed breakout could target 0.0177 dollars and 0.0183 dollars.
If DRIFT loses support, sellers may remain in control. A strong recovery above resistance could change the short-term picture.
Watch volume before making a move.
$DRIFT
#MostTokenizedStockTradingHappensOutsideUSHours #USEthereumETFsSee10StraightDaysOfOutflows #GoogleReleasesGemini4ArgonAIModel #CPIWatch #OptimismOPRises19.98%