$HOT LONG LIQUIDATION ALERT ๐ฅ
๐ฅ Trade Details:
Liquidated Long: $53.7K
Entry Point: $26.83
Current Ask: $26.83
Target: ๐ $35.00 (targeting 30%+ profit potential!)
Stop Loss: ๐ $24.00 (tight stop to protect against major pullbacks)
๐ Trade Overview: HOT is looking hot with momentum fueling upward potential!
This is an exciting opportunity to make a move as it heads toward breakout levels. But with volatility in crypto, it's crucial to manage your risk carefully.
๐ฅ Target Action Plan:
1. Bullish Target: Aiming for $35.00 as HYPE looks set to rally even higher. A solid 30% upside potential.
2. Stop Loss: Set at $24.00 to limit losses in case of a sharp reversal.
3. Monitor Closely: HOT could surge, but sharp corrections are always possible. Stay on top of your trade!
๐จ Key Risk: Volatility is high! Watch out for price swings that could test your stop loss.
๐ Next Steps:
If HYPE hits $35.00, take some profits and consider scaling out.
If it dips below $24.00, exit the position and reassess your strategy.
โก๏ธ Strategy Tip: Tighten stop losses as the price moves in your favor to lock in profits while allowing for potential higher gains.
โ ๏ธ Disclaimer: Crypto trading is volatile and high-risk. Always conduct your own research and only invest what you can afford to lose.
๐ Letโs ride the wave! Keep your eyes on HYPE as it looks ready to explode! ๐ฅ
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