$THE Long Liquidation Alert!
A significant $2.9858K long position has been liquidated at $1.21924, signaling potential turbulence in the market.
This could mark a pivotal moment for the as traders reassess their positions.
Key Details About $THE:
Name: $THE (details depend on its specific project utility).
Current Situation: Liquidation suggests selling pressure as bulls lose control.
Next Move for $THE:
Support Level: $1.200 – Critical for preventing further declines.
Resistance Level: $1.250 – Must break this to regain bullish momentum.
Strategy:
Buy: Consider entering if the holds above $1.200 and begins climbing back toward $1.250.
Stop-Loss: Set your stop-loss at $1.190 to minimize risks in case of further drops.
Sell/Wait: If $1.200 fails to hold, avoid buying and wait for clearer signs of recovery.
Monitor these levels closely as $THE approaches a decisive turning point!