🚨 $DOT Long Liquidation Alert: $9.618K at $6.905! 🚨

A massive $9.6K long liquidation just hit $DOT at $6.905, shaking up the market! This could spark a strong move in either direction — it’s time to get ready for some action. Here’s your guide to navigating this volatile setup.

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Market Insights

Liquidation Impact: Liquidations often cause a drop in price, but they can create buying opportunities if key support levels hold firm.

Current Trend: $DOT is testing a critical zone — traders need to watch for a potential bounce or continued bearish pressure.

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Trading Strategy

1. Buy Zone:

💹 $6.80 to $6.95 — Look for an entry near this range, especially if the price starts to stabilize.

2. Target Levels:

🎯 Target 1: $7.20

🎯 Target 2: $7.50

🎯 Target 3: $7.80

3. Stop Loss:

🔴 Place a stop-loss at $6.60 to manage the downside risk effectively.

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What to Watch Next

1️⃣ Support Check: Monitor if DOT holds above $6.80 — this could signal a reversal and the start of a bullish trend.

2️⃣ Breakout Potential: If the price clears $7.00 with strong volume, expect a potential rally toward $7.20 or higher.

3️⃣ Bearish Caution: If DOT breaks below $6.60, prepare for further downside — stay ready to adjust your position.

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⚠️ Reminder: This is not financial advice. Always conduct your own research before making any trading decisions.

DOT is at a turning point — will it bounce back or keep dropping? Keep a close eye and trade smart! 🚀

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