$APT Here's a thrilling post about the recent long liquidation and the next steps:
Long Liquidation Alert.
Massive Liquidation at $11.34
$APT just saw a huge long liquidation of $5.6696K at the price of $11.33918. This means a lot of traders were caught off guard as the market pushed against their positions.
Now, let’s break down what’s happening and what could be next.
Key Levels to Watch for $APT.
Buy Zone:
Look for a potential entry around $10.50 - $10.80. This level is where buying pressure may re-emerge. If the price dips into this area, it could present a good opportunity to enter a long position with favorable risk-to-reward.
Target Zone:
Once we see some stabilization, the next target could be $13.00 - $14.00. These are important resistance levels where we might see price action slow down or face rejection. A strong breakout beyond these levels could lead to even higher targets.
Stop Loss:
To protect your position, consider setting a stop loss around $9.80 - $10.00. This range helps minimize risk if the market reverses against your position.
What’s Next.
After this liquidation, $APT might experience some volatility as traders re-enter the market or wait for better entry points. It’s important to stay cautious and monitor the price action closely. If the market holds above the $10.50 - $10.80 range, there’s a strong chance it could push towards the targets.
But if the price falls below the $9.80 support, a deeper correction might follow, so keep your stop loss in place.
Final Thoughts:
Timing is key, so watch for momentum shifts around key levels. Stay alert and manage your risk well. If you’re a trader, this could be an exciting setup to follow closely.
Let me know if you need any more details.