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PEPE

1000PEPE Long Liquidation Signals Near-Term Weakness

I noted a $192,000 long position in 1000PEPE was liquidated at $0.0108. The liquidation likely reflects a sharp move lower or forced deleveraging.

I see this as increased near-term risk for the token and likely selling pressure around current levels given the position size relative to liquidity.

I would avoid initiating fresh longs until price shows stabilization or clear support and monitor on-chain liquidation and volume data for signs of capitulation or absorption.

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Analysis

The $192K liquidation at $0.0108 indicates forced selling that likely amplified downside momentum; given token liquidity, such a large wipeout can increase volatility and push price lower until buyers...

Recommendation

Risk-off: avoid new long positions, consider reducing exposure, and wait for clear support or reduced volatility before re-entering; watch volume and further liquidations for confirmation.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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