$DOT Liquidated Long Alert
💰 Liquidation Amount: $67K
📍 Liquidation Price: $6.700
🎯 Trading Strategy
📉 Action: Short opportunity triggered by long liquidation and resistance at $6.700!
🔹 Entry Point:
Current Ask Price: $6.705 (Adjust based on live market dynamics).
Ideal Entry Zone: Between $6.690 - $6.710.
🔹 Target Levels (Take Profit):
TP1: $6.500 (First target for quick profits).
TP2: $6.300 (Extended target for maximum profit).
🔹 Stop Loss:
Place at $6.750 (Above liquidation level to safeguard against sudden reversal).
⚡️ Market Insights
Long liquidation at $6.700 indicates a potential bearish shift, with buying pressure fading.
Watch for confirmation of a breakdown below $6.600 for a possible surge toward TP1 and TP2.
💡 Pro Tip:
Use a trailing stop-loss once the price hits TP1 to lock in profits as the market moves further down.
Watch for volume spikes or reversal patterns near resistance to fine-tune your entry point.
🚀 Excitement Level: High—Opportunity to ride the wave of price correction!
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