$XLM Liquidated Long Alert
๐ฐ Liquidation Amount: $138K
๐ Liquidation Price: $0.332
๐ฏ Trading Strategy
๐ Action: Short opportunity triggered by long liquidation at resistance level!
๐น Entry Point:
Current Ask Price: $0.3325 (Adjust based on live market fluctuations).
Ideal Entry Zone: Between $0.3320 - $0.3340.
๐น Target Levels (Take Profit):
TP1: $0.3250 (Initial target for safer profits).
TP2: $0.3170 (Extended target for higher reward).
๐น Stop Loss:
Place at $0.3370 (Above liquidation price to protect from price reversals).
โก๏ธ Market Insights
Long liquidation at $0.332 suggests weakening buying pressure, signaling a potential downtrend.
If price breaks below $0.3300, expect further downside movement towards TP1 and TP2.
๐ก Pro Tip:
Tighten stop-loss as price moves in your favor to lock in profits early.
Watch for volume surges or sudden price reversals around resistance to validate your short position.
๐ Excitement Level: HighโGreat shorting opportunity with strong risk-reward potential!
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