$1MBABYDOGE Short Liquidation: $9.4647K at $0.00304
🚨 What’s Happening?
$1MBABYDOGE just saw a short liquidation worth $9.4647K at the price of $0.00304. This might trigger a quick rebound, making it a great opportunity for traders looking to catch the bounce.
💡 Next Steps: What to Watch?
Buy Zone: $0.00290 – $0.00310 (Look for entries here as a potential support level).
Target: $0.00350 (A solid target for profit-taking).
Stop Loss: $0.00270 (Set a stop loss below the recent support to protect your position).
🔥 Why It’s Important:
With the liquidation, there’s likely to be some volatility, but this can be a good opportunity to catch a potential upside move.
Watch closely as the price approaches the buy zone for confirmation.
📊 Risk-Reward: With a stop loss at $0.00270 and a target of $0.00350, this trade offers a strong risk-to-reward ratio.
Always manage your risk carefully and adjust your position size.
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