$GLM Here's a thrilling post about (Golem) long liquidation and what you should watch for next.

Long Liquidation: $5.03K at $0.34232.

Big movement in the Golem (GLM) market! We've seen a huge long liquidation of $5.03K at the price of $0.34232, which could signal a major shift in the trend. This might be the perfect time to watch closely and make your next move.

What's Next for $GLM.

After such a liquidation, it's important to stay cautious but also look for opportunities. Price fluctuations are common, and there's potential for both upward and downward movements. Here’s what to consider.

Buy Zone.

Look for the buy zone between $0.33 and $0.35. If the price falls into this range, it could be a solid opportunity to enter with a low-risk position. But, remember to keep an eye on market sentiment and volume to confirm your entry.

Target.

Your first target for profit-taking could be around $0.40. If the momentum stays strong and the price continues upward, the next major target could be $0.45. These levels are key resistance points where you might want to lock in some profits.

Stop Loss.

Set a stop loss around $0.30. If the price drops below this level, it could indicate that the downward trend is more than just a temporary pullback, and it's better to cut your losses and stay safe.

Why It's Thrilling.

This is a thrilling opportunity because we’re at a key point where we could see either a breakout or a reversal. The market is showing signs of high volatility, meaning there are chances for significant price swings, and knowing when to enter and exit could make all the difference.

Always remember, manage risk properly and use proper position sizing when entering any trades. Keep an eye on market news and trends to adjust your strategy accordingly.

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