$THE Short Liquidation Alert
💰 Liquidation Value: $33.528K
💰 Liquidation Price: $1.53694
What’s Happening?
A short liquidation means sellers are being forced to exit their positions due to a rising price.
This creates strong buying pressure, often leading to further price increases.
Trade Details
➡️ Buy Zone: $1.530 - $1.540 (ideal entry near the liquidation level)
➡️ Ask for Now: $1.53694
➡️ Target (Take Profit):
First Target: $1.580 (short-term resistance level)
Second Target: $1.620 (key psychological resistance)
➡️ Stop Loss: Below $1.510 (to manage risk in case of a price reversal)
What’s Next?
1. Bullish Momentum: The short liquidation indicates strong buying pressure. If momentum sustains, $THE can rise toward $1.580 and potentially $1.620.
2. Volume Check: A spike in volume near $1.530 would confirm buyer dominance.
3. Reversal Risk: If the price falls below $1.510, sellers might regain control, signaling a possible downward trend.
Pro Tips for Success
📈 Stick to the Plan: Enter in the recommended buy zone for the best probability of success.
🛡️ Secure Your Position: Once the price moves past $1.580, adjust your stop-loss to protect profits.
⚡ Stay Alert: Keep an eye on market news and sentiment, as they can influence $THE’s movement.
📈 Ride the wave of bullish momentum and make the most of $THE’s upward trend! Trade smart and stay focused!
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