$ME Long Liquidation Alert
š° Liquidation Value: $7,467.2
š° Liquidation Price: $3.4641
Whatās Happening?
A long liquidation at this level suggests intense selling pressure as buyers are forced out of positions.
This opens up opportunities for traders to capitalize on bearish momentum.
Trade Details
ā”ļø Entry Point: $3.4600 - $3.4500 (ideal zone near liquidation level)
ā”ļø Ask for Now: $3.4641
ā”ļø Target (Take Profit):
First Target: $3.4000 (short-term support level)
Second Target: $3.3000 (key psychological support zone)
ā”ļø Stop Loss: Above $3.5000 (to manage risk in case of a reversal)
Whatās Next?
Bearish Momentum: If selling pressure continues, $ME could dip toward $3.4000 and possibly break further to $3.3000.
Volume Watch: Look for heavy volume around $3.4600 to confirm continued downward movement.
Reversal Risk: A move above $3.5000 could signal buyers regaining control.
Pro Tips for a Winning Trade
š Stay Disciplined: Stick to your targets and avoid chasing the price.
š”ļø Adjust Stops: If the price approaches your first target, consider moving your stop-loss lower to protect gains.
ā” Watch Market Trends: Monitor broader market sentiment as it could influence $MEās movement.
š Trade wisely, capitalize on the bearish wave, and dominate the market with precision!
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