🔥 $DASH Short Liquidation Alert 🔥
💣 Big liquidation event! $10,093 worth of shorts were liquidated at $44.85, signaling a power move by the bulls. The market is heating up, and there could be an exciting opportunity ahead. Let’s dive into what’s next for DASH:
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🔍 What Does This Mean?
This liquidation shows that sellers got caught off guard, forcing a price spike. Such events can lead to bullish momentum, but retracements are common as the market cools down. Here’s how you can trade this:
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📊 Trading Plan
Buy Zone (Entry Point):
$43.50 - $44.20
Look for a pullback into this zone before entering. This could be where buyers regroup.
Target Zones (Take Profit):
Target 1: $46.50
Target 2: $48.00 (if bullish momentum strengthens)
Stop Loss:
Place your stop loss below $42.90 to protect against unexpected drops.
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⚠️ Key Insights:
$44.85 now acts as a key level. If DASH holds above this, it could trigger a continued rally.
Monitor trading volume! High volume on pullbacks signals strong buyer interest.
DASH tends to move fast, so plan your entries and exits carefully.
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Pro Tip: Never chase the price! Stick to your strategy, use proper risk management, and keep your emotions in check.
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