$NOT Liquidation Alert – What's Next? 🔥
Big news just dropped! $NOT faced a short liquidation of $5.0576K at the price of $0.0097. This kind of liquidation hints at strong market activity – the bears might be stepping back, and bulls could be gearing up for a move. Let’s break it down and plan our next steps wisely!
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Current Market Sentiment
A short liquidation means sellers were forced to exit, which could drive the price upward.
If momentum continues, we might see some bullish action in the short term.
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Key Levels to Watch
1. Buy Zone:
Accumulate between $0.0094 - $0.0098.
This range is close to support levels where buyers might step in.
2. Targets:
Target 1: $0.0105 (Short-term resistance).
Target 2: $0.0112 (Next key resistance zone).
3. Stop Loss:
Place your stop loss at $0.0091. This protects against unexpected drops below support.
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Strategy
If the price holds above $0.0097, it could signal a bullish breakout.
Wait for volume confirmation before entering a trade. Strong volume means real buyer interest.
Be cautious if the price falls below $0.0094; it might signal weakness.
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Pro Tip
Keep an eye on the broader market sentiment and Bitcoin's movement. If Bitcoin pumps, it could give extra momentum to $NOT.
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⚡ Stay disciplined, follow the levels, and trade smartly! ⚡
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