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USDT Long Positions Liquidated at Key Support Levels
The typical USDT long position was liquidated, resulting in a sale of 45777 units at a rate of approximately $0.1078 each, totaling roughly $4934.76. Additionally, another USDT long position was liquidated, involving 1675 units sold at about $0.1077 each, amounting to around $180.40.
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AI Analysis
The recent liquidation of USDT long positions signifies a bearish shift in momentum, possibly triggered by a drop below critical support levels around $0.1078 and $0.1077. Liquidations often reflect t...
AI Recommendation
Traders should exercise caution in the short term, as liquidations indicate potential volatility and a bearish inclination. It may be prudent to avoid entering new long positions until a clear recover...
Disclaimer
The AI 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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