🚨 $SEI Long Liquidation Alert 🚨
A big $8.0532K long position just got liquidated at $0.43732! This could spark some major volatility in the market. Let’s dive into what might happen next:
1. Market Reaction: The liquidation could lead to a short-term pullback, but this might also open up a buying opportunity if $SEI holds key support levels.
2. Buy Zone: Consider entering between $0.42000 - $0.43000. This range could act as a solid support level where the price might bounce back.
3. Target Price: Your first target could be around $0.47000. If the momentum continues, $SEI could push higher towards $0.49000.
4. Stop Loss: To protect your position, set your stop loss at $0.41000. This will help you limit potential losses if the market reverses sharply.
⚠️ Caution: Liquidations can create sudden price movements, so be prepared to adjust your strategy quickly. Always keep an eye on market conditions and manage your risk effectively.
Stay alert, trade smart, and don’t miss the next move with $SEI! 🚀
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