$DOT Short Liquidation Alert!

$5.3383K in Shorts Liquidated at $6.923

The Polkadot (DOT) market is gaining momentum after a significant short squeeze, signaling strong bullish pressure.

Here's your detailed trading breakdown to seize the opportunity:

📊 Key Market Data:

Current Price: ~$6.93 (approx.)

Liquidation Level: $6.923

Market Sentiment: Bullish, with potential for continued upside.

🚀 Entry Point:

Optimal Long Entry: $6.90-$6.95, capitalizing on support levels and bullish momentum.

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🎯 Target Levels:

1. Short-Term Target: $7.10

2. Mid-Term Target: $7.25

3. Stretch Target: $7.50

📉 Stop Loss:

Place a stop-loss below $6.80 to manage downside risks.

📌 Trading Strategies:

1. Scalpers: Enter near $6.93 and target exits at $7.00-$7.10 with tight risk management.

2. Swing Traders: Build positions between $6.90-$6.95, aiming for $7.25-$7.50 in the medium term.

3. Long-Term Holders: Accumulate cautiously, as DOT’s fundamentals support sustained growth potential.

💡 Key Levels to Watch:

Resistance: $7.10 (short-term) and $7.25 (mid-term).

Support: $6.90 (critical level to hold for bullish continuation).

⚠️ Risk Reminder:

Crypto markets are volatile and unpredictable. Always DYOR (Do Your Own Research) and use proper risk management.

DOT is on fire! Will it maintain its upward trajectory or hit resistance? Stay tuned for thrilling moves! 🚀

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