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Total Crypto Market 24H Liquidation: ๐ดLONGS: $57.04M ๐ขSHORTS: $28.86M A total of 28,695 traders got liquidated, resulting in total liquidations amounting to $85.89M. Notably, the largest single liquidation order, valued at $11.87M, occurred on Binance for #ETH/USDT.
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๐Trade: #NOT-USDT Leverage 20X Direction: Short ๐ขEntry Range: 0.01700 โข Target 1: 0.01670 โข Target 2: 0.01640 โข Target 3: 0.01610 โข Target 4: 0.01575 โข Target 5: 0.01550
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Here are Some Important Advices For You Regarding Your Trading๐ Setting Stop-Loss Orders 1. Stop-loss orders are essential in crypto day trading. 2. They automatically sell your position if the price drops to a certain level. 3. Set your stop-loss at a point where you can accept the loss without severe impact. 4. Regularly review and adjust these levels based on market conditions. 5. This disciplined approach helps in preserving capital. 6. It's better to lose small and live to trade another day. 7. Use stop-losses to prevent significant losses and manage risk
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