$DOT Short Liquidation Alert
Liquidation Amount: $1.1375K
Price Level: $7.065
The $DOT market is heating up! $1.1375K in short liquidations is poised at the critical level of $7.065, and the tension is rising. A potential breakout above this point could trigger an avalanche of buying pressure, forcing shorts to cover rapidly, leading to sharp upward movement. However, a rejection could send the price tumbling down, catching any late longs off-guard.
Price Target: If the bulls take charge, we could see a strong push past the $7.065 resistance.
Risk Management: Shorts, be prepared for a potential squeeze if price action shifts in favor of the bulls.
Watch Closely: $DOT is at a pivotal level right now—stay alert for sudden, volatile moves that could shape the next direction!