#GOAT just took a massive hit with a $200K long liquidation at $0.700.
Traders were riding high as the momentum built, but the sudden downturn crushed positions.
The entry point was set at $0.750, with an aggressive target of $1.00, aiming for a 33% upside.
Unfortunately, the market turned, triggering the liquidation at $0.700.
The stop loss was placed at $0.690 to manage risk, but the rapid move caught many off guard.
Keep an eye on #GOAT
This volatility could signal a volatile retracement or an even deeper plunge.