⚡$APT Short Liquidation Alert!
Liquidation Amount: $2,411
Liquidation Price: $10.07104
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Key Details:
1. A significant $APT short position worth over $2.4K was liquidated at $10.07104, signaling a strong upward momentum as shorts are being squeezed.
2. This liquidation could trigger further upward pressure if buyers continue to dominate and shorts fail to regain control.
3. The $10.00 level is now a critical psychological support, with potential for further upside if the breakout sustains.
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Next Move:
For Bulls:
1. Entry Opportunity: If $10.00 holds as support, consider entering long positions.
2. Stop Loss: Place a stop loss near $9.85 to limit downside risk in case of a fakeout.
3. Upside Targets:
$10.50 (immediate resistance).
$11.00-$11.20 (key profit zone if momentum persists).
For Bears:
1. Short Setup: Wait for a clear rejection at $10.50 or a breakdown below $10.00 before entering a short.
2. Stop Loss: Keep a stop above $10.60 to avoid being caught in a squeeze.
3. Targets:
Immediate downside to $9.75-$9.80.
Further support near $9.50 if bearish sentiment strengthens.
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Caution:
Momentum is currently favoring the bulls, but a sudden reversal near resistance levels is always possible.$APT
Monitor volume and market depth closely to identify signs of exhaustion or continued strength.