Trade Update: $SHIB Liquidated Long
Position: $110K
Exit: $0.0000286
A significant liquidation just occurred on $1000SHIB at $0.0286.
This action could indicate a potential shift in market sentiment, with the possibility of further downward pressure or a correction.
Next Steps:
Watch for a potential bounce around $0.027.
If the price struggles to hold, $0.025 could be the next key support zone.
Critical Levels to Watch:
Support: $0.000028
Resistance: $0.000026
Trading Tip:
Consider waiting for a confirmation of support before entering long positions.
Tight stop losses will be crucial if you’re looking for a rebound trade.
Be cautious and trade wisely!
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