A dramatic $60.8K short position on #MEW was liquidated at $0.009575 after a sudden price rally.
Entry Point: $0.0100
Target: $0.0098
Stop Loss: $0.0102
Traders who shorted #MEW at $0.0100 were blindsided as the price surged to $0.009575, triggering the liquidation.
Those targeting $0.0098 were caught in the unexpected rally, while those who didn’t adjust their stop loss faced heavy losses.
With #MEW ’s volatility in play, swift action and tight risk management are crucial to surviving these explosive price shifts.
#BURNGMT
#ETHCrosses4K