🚨 Big $ATOM Long Liquidation Alert! 🚨

A $6.8893K long position was liquidated at $6.446—this could be a sign of bigger moves coming! Let’s break down what could happen next.

💥 Buy Zone:

Look to buy around $6.00 - $6.20. If $ATOM dips into this range, it could be a solid entry point as it could find support here.

🎯 Target Price:

First target: $7.00

If the momentum continues, aim for $7.50.

Keep an eye on resistance at these levels, as they could be key.

⛔ Stop Loss:

Set your stop loss at $5.80 to limit your risk in case of a deeper drop.

📉 What Does This Liquidation Mean?

The liquidation at $6.446 suggests that some traders were caught in a losing position, creating pressure. If $ATOM holds above $6.00, we could see a bounce back to higher levels.

🔍 Key Insight:

If rebounds in the buy zone, the bulls may take over, pushing the price toward $7.00. But if it drops below $5.80, the bears may take control, and further downside could follow.

💡 Strategy:

Watch for price action in the buy zone and consider entering with a tight stop loss. If the price rises, you can target $7.00 or $7.50.

Stay alert and ready—could be gearing up for a big move! 🚀

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