š¢ #ONDO Trading Alert
Short Liquidation Alert:
A significant short liquidation of $61.254K occurred at $1.44925, signaling potential upward price movement.
Trading Setup:
Entry Point: $1.4500
Target Price: $1.5000
Stop Loss: $1.4200
Risk/Reward Ratio: ~1.67:1
Market Context:
The short liquidation suggests bullish momentum, with potential for further upward movement towards the $1.5000 resistance level.
Risk Management:
Make sure to use the stop-loss at $1.4200 to protect against significant losses.
ā ļø Disclaimer:
This is not financial advice. Trading carries high risk, including the potential loss of principal. Always do your own research and consult a financial advisor before making any decisions.
Trade responsibly and stay informed!