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William _ETH
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🚨 $NOT Long Liquidation Alert! 🚨
A significant $5.5982K liquidation just triggered at $0.00588! The market is reacting, and $NOT traders are watching closely. Is this a signal for more downside, or is it the perfect time to enter for a bounce? Let’s break it down:
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What’s Happening?
The liquidation at $0.00588 points to heavy selling pressure, potentially leading to a dip. But this could also create a great opportunity if the price finds support at key levels. Be ready to act!
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Trading Plan
1️⃣ Buy Zone: If the price continues to fall, look for a potential buy zone around $0.00550–$0.00570. This range could serve as support, where a reversal might take place.
2️⃣ Targets:
Target 1: $0.00600 (first resistance level)
Target 2: $0.00620 (next major resistance)
Target 3: $0.00650 (if the momentum pushes higher)
3️⃣ Stop Loss: Place your stop loss at $0.00530 to protect against any further sharp declines.
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What to Watch Next?
Volume: A volume increase near the buy zone could confirm a potential reversal.
Market Sentiment: Watch Bitcoin and the overall crypto market for any signs of direction. may follow broader trends.
$NOT News/Updates: Any announcements related to or its ecosystem could impact its price action.
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🚀 Pro Tip: Be patient and wait for confirmation before entering the trade. Never chase a falling price. Stick to your plan, manage your risk, and stay informed. Are you ready to catch the next wave with $NOT? 🔥