Thrilling Update on $BTC MOODENG: Major Short Liquidated!

A massive $63.3K short got liquidated at $0.242, signaling strong buying pressure from the bulls. This could indicate a shift in momentum, but caution is key as market behavior can change quickly.

Support & Resistance Levels:

Support: $0.230 – This is the nearest level where buyers could step in if prices dip.

Resistance: $0.260 – This is the level where sellers might take control if the price continues to rise.

Suggestion for Next Move:

1. If Bullish Momentum Continues:

Watch for a clean breakout above $0.260. If it sustains, consider buying with a target near $0.280, but set a stop-loss at $0.240 for safety.

2. If Bearish Pressure Returns:

If the price struggles near $0.260 or drops below $0.230, selling could be an option.

Aim for $0.210 but use a stop-loss at $0.245 to manage risk.

Pro Tip: Always manage your risk and avoid over-leveraging. The market can be unpredictable, so stick to your plan.

What’s your next move? Let's discuss!$BTC

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