š¢ #FARTCOIN Trading Alert
Short Liquidation Alert:
A notable short liquidation of $5.5772K occurred at $0.98968, suggesting potential price movement in the market.
Trading Setup:
Entry Point: $1.0000
Target Price: $1.0500
Stop Loss: $0.9700
Risk/Reward Ratio: ~1.67:1
Market Context:
The recent short liquidation indicates possible bullish momentum as short positions unwind. Buyers may capitalize on the upward pressure, with a key resistance level at $1.0500.
Risk Management:
Use the defined stop-loss to minimize potential losses if the price moves against the setup.
ā ļø Disclaimer:
This is not financial advice. Cryptocurrency trading involves significant risk, including the potential loss of principal. Always conduct your own research and consult a financial advisor before trading.
Trade wisely and stay informed!