$ME It looks like there’s been a short liquidation of $1.493K at a price of $2.947 for the coin #ME. Short liquidations can cause a sudden price jump, as traders are forced to buy back the coin to cover their positions. This can indicate volatility and potential for price movement in the short term.
Next move suggestion:
1. Monitor price trends closely: Watch for any price fluctuations, especially after a short squeeze, as the market could correct or continue upward.
2. Risk management: If you're thinking of entering, set stop-loss limits to protect your position against sudden reversals.
3. Look for support levels: Check for any price points where the coin has previously bounced, indicating possible support for a buy-in.
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