🚨 $TAO Short Liquidation Alert: $10.134K at $520.52! 🚨

The $TAO market is heating up with a massive short liquidation of $10.134K at $520.52. This could be the spark that ignites a huge price move! Here’s what you need to know to stay ahead of the game:

🔍 Current Situation:

Liquidation level: $520.52

Amount liquidated: $10.134K

A large number of short positions have been wiped out, causing a surge in buying activity. This often leads to a quick upward move, so now’s the time to stay alert.

💡 What’s Next?

Price Action Prediction: Following a short squeeze, we could see the price surge further as buyers flood in. But be aware of potential pullbacks as the market adjusts. Expect some volatility in the coming hours.

🎯 Buy Zone:

Look for buy entry around $510 to $525. If the price dips back into this range, it could offer a great chance to enter before the price pushes higher.

🚀 Target Price:

$550 - $570: These levels are key resistance points where we could see the price slow down or reverse. If the price hits this range, consider taking profits.

⛔ Stop Loss:

Set your stop loss at $495 to $500 to minimize risk in case the price retraces sharply.

🔔 Key Things to Watch:

Volume: Watch for a rise in volume, as it will confirm the strength of the price movement.

Stay updated on market sentiment: News and external factors could cause sudden shifts in price.

⚠️ Important Reminder: Crypto markets are volatile! Always use proper risk management and never trade with more than you can afford to lose. Keep an eye on the market and be ready to react quickly.

💥 Stay sharp, take action, and trade wisely! 💥

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