#MEW LIQUIDATION

A significant long liquidation for #MEW just occurred, totaling $5.8106K at $0.00624.

Here's the full trade setup:

Entry Point: $0.00624

Enter near this price, as the liquidation could trigger upward momentum in the market.

Stop Loss: $0.00600

Set a stop loss at $0.00600 to limit potential losses if the price moves against the position.

Target: $0.00650

The target is set at $0.00650, anticipating a potential rise following the liquidation. This price point reflects the expected upside if momentum builds after the liquidation.

Key Points:

The liquidation amount of $5.8106K indicates a significant event that could lead to market volatility and a potential price reversal.

Watch the market closely around the entry point to take advantage of possible upward movement.

Be prepared to adjust your stop loss and target as market conditions evolve.

Monitor #MEW closely for any further price action and adjust positions as needed based on market developments.