$APE Short Liquidation Alert
๐ฐ Liquidation Value: $7.8105K
๐ฐ Liquidation Price: $1.2378
What Does This Mean?
Short liquidation happens when sellers are forced to close their positions because prices rise above their expectations.
This creates a surge in buying pressure, giving a strong push to the market upward.
Trading Plan
โก๏ธ Entry Point (Buy Zone): $1.230 - $1.240
โก๏ธ Current Price: $1.2378
โก๏ธ Targets:
First Target: $1.280
Second Target: $1.320
โก๏ธ Stop Loss: Below $1.210
Next Move
1. Bullish Momentum: $APE is showing strength after short liquidations. If this momentum continues, prices can test $1.280 and break toward $1.320.
2. Volume Check: Watch for increased volume around $1.237 to confirm buyer dominance.
3. Reversal Risk: A dip below $1.210 would indicate weakness, so set a tight stop-loss.
Pro Tips
๐ Enter within the recommended buy zone for the best risk-to-reward.
๐ก๏ธ Adjust your stop-loss to your entry price once the first target is hit.
โก Keep an eye on market sentiment for broader trends that could impact $APE.
๐ Take advantage of this bullish move and make the most of $APEโs momentum! Stay sharp and trade wisely!
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