🚨 $APE Short Liquidation Alert! 🚨
A massive short liquidation of $6.7876K just occurred at $1.1725! This signals a spike in bullish activity as traders rush to cover their short positions. The question is: Are the bulls taking over? 📈
What’s Next?
Here’s a carefully crafted plan to ride this wave:
Buy Zone:
Enter between $1.16 and $1.18 (look for small pullbacks for a safe entry).
Targets:
1. $1.20 – First target (immediate resistance).
2. $1.25 – Second target (short-term profit level).
3. $1.30 – Stretch target (if momentum stays strong).
Stop Loss:
Place it below $1.14 (to minimize downside risk if the trend reverses).
Why This Matters:
Short liquidations often trigger quick upward movements, especially when they are large.
$APE has been trading in a tight range, so this event could ignite volatility!
Pro Tip:
Watch the volume: If it spikes alongside the price, the move is likely strong.
Keep an eye on broader market conditions—Bitcoin and Ethereum movements often influence $APE.
⚡ Trade Wisely: Stick to your plan and don’t chase the pump! Always use proper risk management.
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