đš $BTC Long Liquidation Alert! đš
đ° Liquidation Value: $18.745K
đ Price: $104,136.7
Bitcoin just witnessed a massive long liquidation at $104,136.7! Such liquidations often trigger sudden moves, creating huge trading opportunities for sharp traders. Are you ready to act? Letâs dive into the full details!
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Whatâs Next for $BTC ?
This liquidation suggests that high leverage positions are being wiped out, potentially shaking the market. The price could either rebound from nearby support or continue dropping if selling pressure grows.
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Entry Plan (Buy Zone)
Buy Zone 1: $103,800 â $104,000 (if BTC stabilizes near support).
Buy Zone 2: $102,500 â $103,000 (stronger support zone for safer entries).
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Target Zones (Take Profit)
Target 1: $105,500 (quick recovery target).
Target 2: $106,800 (resistance from previous highs).
Target 3: $108,200 (potential breakout zone).
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Stop Loss
To protect your capital, set a stop-loss at:
$102,000 (below critical support to manage risks effectively).
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Key Levels to Watch
1. $104,000: Crucial short-term support; a breakdown here could lead to a larger sell-off.
2. $102,500: Strong support zone; watch for buyer activity here.
3. $105,500: Immediate resistance; price may struggle to break this without strong volume.
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Pro Tips for Trading BTC:
Wait for Confirmation: Always confirm price action (e.g., a bullish candle) before entering.
Monitor Volume: A surge in volume often signals whether BTC will bounce or continue falling.
Track Macro Trends: BTC moves heavily with global market sentiment.
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đĄ Final Words: This is a high-volatility zone! Plan your trades, set your stop-loss, and donât let emotions take control. Capitalize on the opportunity, but trade smartly!
Whatâs your strategy? Jumping in, or are you waiting for a better setup? Letâs discuss!
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