🚨 $DOGE Long Liquidation Alert! 🚨
Massive $9.7869K long liquidation just took place at $0.32478 in the ¢DOGE market! This could be the trigger for some big moves, so let’s break down what’s next.
🔍 What’s Next? After a major liquidation like this, expect high volatility. Here’s how to position yourself for the next potential move:
💥 Buy Zone: Watch for a pullback to $0.3200 - $0.3250. This zone could act as support, and if the price holds steady here, it may be a solid entry point for a potential rebound.
🚀 Target: If ¢DOGE starts to recover, aim for the $0.3400 - $0.3500 range. These are the next resistance levels, and the price could struggle to break above them, making them good profit-taking points.
⛔ Stop Loss: To manage risk, set a stop loss just below $0.3100. If the price drops under this level, it could signal further downside, and it's safer to exit.
🔑 Strategy: Be patient. After a liquidation, there can be some whipsaw action, so it’s important to wait for confirmation that the price is stabilizing before entering.
💡 Keep an eye on trading volume near the buy zone. If there’s an increase in buying pressure, it could indicate that ¢DOGE is ready for a rally.
Stay focused, manage your risk, and be prepared for quick moves in the market. Best of luck in the ¢DOGE trade! 💰📈
#USJobsSurge256K #AIXBT,COOKIE,CGPTOnBinance #ShareYourTrade #BinanceAlphaAlert #BNBBhutanReserves