$SPELL Long Liquidation Alert
💰 Liquidation Value: $7,014.6
💰 Liquidation Price: $0.79974
📉 Trade Plan
➡️ Entry Point: $0.79950 - $0.79900 (optimal entry zone near liquidation level)
➡️ Ask for Now: $0.79974
➡️ Target (Take Profit):
First Target: $0.7900 (short-term support zone)
Second Target: $0.7800 (key psychological support)
➡️ Stop Loss: Above $0.8050 (to protect against bullish recovery)
Market Insight:
🔥 The long liquidation at $0.79974 suggests that the market is likely experiencing increased selling pressure.
Sellers may target $0.7900 and further lower levels if momentum continues.
However, a strong push above $0.8050 could indicate a reversal and shift the market bullish.
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⚡ Pro Tip: Watch for price action and volume near $0.7990 to confirm the bearish trend. Keep stop-loss orders tight to protect against unexpected price spikes.
📉 Stay sharp, trade strategically, and catch the market’s next move!
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