$TRX Liquidated Long: $101K at $0.251
The market has just witnessed a massive liquidation of a $101K long position in $TRX at the key price of $0.251.
Traders who entered at this level have seen their positions wiped out in a flash of volatility, emphasizing the high-stakes nature of crypto trading.
Entry Point:
The entry for the $TRX long position was initiated at $0.251, targeting a bullish breakout.
Target:
Traders were eyeing an upward move, anticipating a surge towards $0.30 as the next resistance zone.
Stop Loss:
With the market showing intense fluctuations, the stop loss was strategically placed around $0.245 to manage downside risk effectively. However, the volatility broke this level, leading to the liquidation.
Stay alert—crypto markets are volatile, and every move counts!