I am forced to disappoint, I think the price will drop below 8.9, and we will see quite a few liquidations 😵💫, but I think it will rise to 10.5 in about two days - just pure speculation, I myself am waiting for the rise
Cosmos ($ATOM ) just witnessed a massive long liquidation of $9.9027K at a critical price level of $10.178. This signals increased volatility and opens up an exciting trading opportunity for those who dare to act! 📉➡️📈
🔍 What’s Next for ATOM?
The liquidation indicates that sellers are pushing hard, but it could also hint at a potential reversal zone if buyers step in. Keep your eyes peeled for these levels:
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🔥 Buy Zone:
$9.50 to $9.80 This range could act as a strong support area if prices drop further. Smart money may start accumulating here.
Target 2: $11.00 (Breakout level for more upside potential)
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🛡️ Stop Loss:
$9.20 Place your stop below the support zone to manage risk if the selling intensifies.
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Trade Smart, Stay Ahead!
This isn’t just a trade; it’s a battle between bulls and bears. $ATOM ’s next move could define the short-term market trend. Plan wisely, and keep emotions in check. 🚀💎
👉 Tip: Monitor volume and RSI levels for confirmation before entering the trade. A spike in buying volume could signal a reversal!
Let’s ride the Cosmos wave 🌊—will you join the action or watch from the sidelines?
