$APE Alert: Massive Long Liquidation! đš
Event: A huge $26.67K long liquidation occurred at $1.3567, signaling potential bearish momentum or a rebound opportunity!
Hereâs the detailed plan for the next move:
đ Strategy: Sell (or Buy on Rebound), Target & Stop-Loss
Buy Zone (If Rebound):
Look for an entry in the range of $1.30 to $1.35, provided the price stabilizes.
Sell Zone (If Bearish Trend):
Enter around $1.37 to $1.40, as prices may fail to sustain above these levels.
đŻ Target Levels:
For Buying (Bullish Case):
1. First Target: $1.45
2. Second Target: $1.50
3. Extended Target: $1.60
For Selling (Bearish Case):
1. First Target: $1.25
2. Second Target: $1.20
Stop-Loss:
For a Buy Position: Place a stop-loss at $1.28.
For a Sell Position: Place a stop-loss at $1.42.
Whatâs Next?
Key Levels to Watch: The $1.30 support zone and $1.40 resistance. A breakdown below $1.30 might trigger further downside.
Market Momentum: This liquidation suggests trapped bullsâwatch for a bounce or a sharp drop.
â ïž Pro Tip: Stay alert, trade with discipline, and manage risks carefully. Always follow your strategy!
$APE traders, are you ready to make your move?
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