🚨 $DASH Long Liquidation Alert! 🚨
💥 Details:
Liquidation Amount: $9,769.3
Liquidation Price: $42.05
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📉 What Happened?
A large long position in $DASH was liquidated at $42.05, creating a shock in the market. The price is now at a key level—will it bounce back, or is it heading lower? Let’s break down the next steps and set a clear plan!
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📊 Buy Zone:
$41.50 - $42.05 (Look for signs of stability or a price reversal in this range before entering)
🎯 Targets:
1. Target 1: $45.00
2. Target 2: $48.00
3. Target 3: $50.00
🛑 Stop Loss:
$40.00 (Exit if the price falls below this level to protect against further losses)
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💡 Trading Strategy for $DASH:
1. Wait for Confirmation: Don’t rush in—wait for clear signs of support around the buy zone, such as a bounce or rising volume.
2. Profit Gradually: As the price moves toward each target, consider taking profits and adjusting your stop loss higher to lock in gains.
3. Stick to Your Plan: Always use a stop loss to protect yourself from unexpected moves and market noise.
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⚠️ Market Scenarios to Watch:
Bullish Case: If DASH holds the $41.50-$42.05 range, it could bounce up towards $45 and push towards $50.
Bearish Case: If the price drops below $40, expect a potential drop to $38 or lower, where fresh support may form.
🚀 Stay Focused: $DASH is at a critical price point. The market can move fast, so plan your trades carefully, manage your risk, and stay prepared for any scenario!
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