$DOT Liquidated Long Alert
๐ฐ Liquidation Amount: $67K
๐ Liquidation Price: $6.700
๐ฏ Trading Strategy
๐ Action: Short opportunity triggered by long liquidation and resistance at $6.700!
๐น Entry Point:
Current Ask Price: $6.705 (Adjust based on live market dynamics).
Ideal Entry Zone: Between $6.690 - $6.710.
๐น Target Levels (Take Profit):
TP1: $6.500 (First target for quick profits).
TP2: $6.300 (Extended target for maximum profit).
๐น Stop Loss:
Place at $6.750 (Above liquidation level to safeguard against sudden reversal).
โก๏ธ Market Insights
Long liquidation at $6.700 indicates a potential bearish shift, with buying pressure fading.
Watch for confirmation of a breakdown below $6.600 for a possible surge toward TP1 and TP2.
๐ก Pro Tip:
Use a trailing stop-loss once the price hits TP1 to lock in profits as the market moves further down.
Watch for volume spikes or reversal patterns near resistance to fine-tune your entry point.
๐ Excitement Level: HighโOpportunity to ride the wave of price correction!
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