$DOT Long Liquidation
Liquidated Position: $51.4K at $10.95
$DOT just faced a significant price pullback, triggering a $51.4K long liquidation at $10.95.
Traders who were hoping for further gains got caught as the market shifted quickly!
What’s Next?
This sudden dip could be a temporary setback or the beginning of a deeper correction.
Keep an eye on the $10.50 to $10.60 range for support. If $DOT holds here, it might start to recover.
However, a break below $10.50 could lead to further downside, with the next support around $10.
Next Move:
If you're considering a long position, wait for confirmation at support levels or a bounce back above $11.00 for stronger momentum.
Note: Always manage risk carefully and use proper stop-losses in volatile conditions like this!
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