$LDO Short Liquidation: $8.3644K at $1.7934

🚨 Market Update:

Liquidation Type: Short

Liquidation Value: $8,364.40

Liquidation Price: $1.7934

💹 Market Insight:

LDO's sharp upward movement has liquidated short positions, signaling strong bullish momentum.

If buying pressure continues, key resistance levels could be tested, offering traders new opportunities.

🔥 Trading Strategy:

Entry Point: Consider entering near $1.8000, in line with bullish momentum.

Target 1: Look for the first target at $1.8500, a 2.8% potential gain.

Target 2: If bullish sentiment persists, aim for $1.9200, a significant resistance level.

Stop Loss: Place a stop-loss at $1.7500 to minimize downside risk.

💥 Key Levels to Monitor:

Support Zone: $1.7700 is a key support; a break below may indicate a short-term pullback.

Breakout Potential: A sustained move above $1.8500 could pave the way for a rally toward $2.0000, a psychological barrier.

🔔 Pro Tip:

Watch trading volume carefully! High volume near $1.8000 confirms bullish strength, while weak activity near resistance levels may suggest caution.

Adjust targets and stop-loss dynamically based on the market response.

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