#1000PEPE Short Liquidation: $20.157K at $0.01845
A large short liquidation of $20.157K occurred at $0.01845, signaling potential upward momentum and market shift for #1000PEPE .
Entry: $0.01845
The liquidation point at $0.01845 is an ideal entry for long positions.
Traders may look to enter here as the market shows signs of recovery.
Target: $0.020
The next resistance level for #1000PEPE is around $0.020, providing a potential 8-10% upside from the entry point.
Stop Loss: $0.017
Set a stop loss at $0.017 to manage risk if the market reverses. This level helps protect against downside while targeting the upside.
Analysis:
The $20.157K short liquidation at $0.01845 for $1000PEPE opens the door for potential upward movement.
Watch for price action towards $0.020 while keeping a stop loss at $0.017.