$DOT Short Liquidation Alert: A massive $8.2661K short position was liquidated at $6.885, igniting a surge in price and heightened market momentum.
Entry Point: $6.90
Target: $7.50 - $8.00
Stop Loss: $6.50
The liquidation of this short position has created a potential buying opportunity for $DOT as the price pushes higher.
With support established around $6.885, $DOT could be poised for further gains if the momentum continues.
Watch for confirmation around $6.90 to enter, targeting resistance at $7.50, with the possibility of a move towards $8.00.
Set your stop loss at $6.50 to manage risk and protect against any downside.
This is an exciting moment for DOT traders—capitalize on the volatility and price movement while maintaining solid risk management strategies!