🚨 $ARK SHORT LIQUIDATION ALERT 🚨
Overview:
ARK experienced a short liquidation of $10.252K at $0.60842, indicating strong buying pressure. This could lead to a bullish breakout, providing a great trading opportunity if momentum continues.
Key Levels to Watch:
Buy Zone: $0.6000 - $0.6200
Target Zone: $0.6500, $0.7000, $0.7500
Stop Loss: $0.5800
Next Steps:
1. Entry Point: Enter within the $0.6000 - $0.6200 range if $ARK shows stability and sustained buying. This area is a potential support zone after the liquidation.
2. Target Levels:
First Target: $0.6500
Second Target: $0.7000
Third Target: $0.7500
Gradually take profits as $ARK approaches these levels.
3. Stop Loss: Place your stop loss at $0.5800 to limit downside risk if the price reverses unexpectedly.
Why It’s Bullish:
Short liquidations often create forced buying pressure, driving the price higher.
ARK’s hold above $0.60842 signals strength and potential for further upward momentum.
Reminder:
Monitor the price action closely for confirmation of bullish momentum before entering.
Use proper risk management and trade responsibly.
Stay ready for ARK’s potential rally toward higher levels! 🚀
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