🚀 $DOT Short Liquidation Alert! 🚀
💥 $5.111K liquidated at $7.65 – Bears are caught off guard as $DOT surges higher. Is this the start of a breakout, or will it face resistance soon? Let’s break it all down for you!
What’s Next for DOT?
Key Levels to Watch
Buy Zone:
Watch for opportunities to enter around $7.50 - $7.60.
This range could act as strong support if DOT consolidates before another move higher.
Resistance/Target Levels:
First Target: $7.85
Second Target: $8.10
These levels are critical take-profit zones. Breaking above $8.10 could lead to a larger rally!
Stop Loss:
Set a stop-loss below $7.45.
This ensures protection in case the price reverses and loses momentum.
Market Sentiment:
The short liquidation indicates bullish momentum building up, but patience is key. Wait for confirmation with a sustained price above $7.65 and increasing volume.
DOT Traders:
Keep an eye on Bitcoin! DOT’s next move is likely tied to the broader market sentiment. A bullish BTC could push DOT higher, while a pullback could add selling pressure.
⚡ Trade smart and stay disciplined – the market is heating up! ⚡
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