$DIA Here's a simple and organic post on the liquidation event with buy zones, target, and stop loss:
$DIA Long Liquidation Alert.
Recently, there has been a long liquidation of $4.7195K at the price of $0.66109. For those who are looking to get into $DIA, here's a breakdown:
Current Market Status:
Liquidation Level: $4.7195K at $0.66109
There is a shift in momentum, and we need to be cautious while planning the next move.
Buy Zone:
Ideal Buy Zone for $DIA is around $0.65 - $0.66.
Wait for a small dip in this range before entering the trade. This zone offers a favorable risk-to-reward setup for potential gains.
Target:
Target 1: Around $0.72 - This level has historically shown resistance, and if we see a bounce, this can be a good short-term target.
Target 2: If the price breaks through $0.72, look for $0.80 as the next major resistance level.
Stop Loss:
Place a Stop Loss at $0.62. If the price drops below this level, it could signal a bearish trend, and it's better to cut losses before further decline.
Next Steps:
Monitor Price Action: Watch how the price behaves around the buy zone. If it starts consolidating or showing signs of reversal, it could be a good time to enter.
Volume Check: Ensure that volume supports the move. Higher volume around the buy zone means stronger potential for upward movement.
Risk Management: Stick to your stop loss. Never risk more than you are comfortable losing, and always trade with a plan.
Remember: Always stay updated with the latest market trends and news. Use stop loss to manage risk, and trade wisely.
Let me know if you'd like further updates or clarification.
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