š„ $QTUM Short Liquidation Alert! š„
The bears just took a major hit with a $20.78K short liquidation at $3.171! This event signals growing momentum, and itās time to strategize for whatās next.
š Key Zones to Watch
Buy Zone: $3.10 - $3.20
Watch for a pullback to this zone for an ideal entry. A strong bounce here confirms bullish strength.
Target Levels:
Target 1: $3.40 (Immediate resistance)
Target 2: $3.55 (Next major breakout level)
Stop Loss: $3.00
Set your stop loss below this psychological level to protect against unexpected reversals.
š Whatās Happening Now?
This large liquidation could spark a short squeeze, driving prices higher as shorts are forced to cover. Bulls may aim to push QTUM above $3.20 to trigger further buying pressure.
š® Market Outlook
If $QTUM holds above $3.20 with strong volume, a rally to $3.40+ is likely.
A break below $3.10 could signal temporary weakness, so keep a close eye on price action and sentiment.
š” Pro Tip: Stick to your plan! Wait for price action to confirm before entering, and always manage your risk.
This is not financial advice. Do your own research and trade carefully!
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