$NEIRO Here’s a thrilling and detailed post about the short liquidation, with a focus on the next steps, buy zones, targets, and Stop loss levels.

Short Liquidation: $3.0723K at $0.00093 What’s Next.

Big Liquidation Alert for.

Recently, $NEIRO saw a huge short liquidation of $3.0723K at the price of $0.00093. This suggests that the market might be ready for a potential change. The price action could signal a reversal or a possible bounce back after this major event.

What Happens Next

After such a short liquidation, there are two main scenarios to watch for.

1. Price Bounce. The liquidation could trigger a price bounce, as short sellers might be forced to close their positions, pushing the price higher.

2. Consolidation. The market could consolidate at the current levels before making a big move up or down.

Key Levels to Watch.

Here’s where you can plan your entries and exits based on the current market conditions.

Buy Zone. Look for a buying opportunity in the range of $0.00085 to $0.00090. This area could act as support and a good entry point for potential upside movement.

Target. If the price starts rising, the first target could be around $0.00110. A successful breakout past this level could lead to further gains, with the next target around $0.00125.

Stop Loss. Keep your stop loss at $0.00080 to manage risk. If the price falls below this level, it might indicate a deeper correction, and the trade would be invalidated.

Why This Matters.

The liquidation of shorts often creates volatility and presents both risks and opportunities. The key here is to stay alert and watch the price action closely. If we see higher volume at the buy zone, it could signal that the bulls are taking control. However, if the price fails to hold the support, it’s important to protect your position with a stop loss.

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