Surge in $SCRT : Short Liquidation at $0.53429
A $1,865.2 short position in $SCRT has been liquidated at $0.53429, sparking bullish momentum and signaling a potential upward trend.
This liquidation marks a significant shift in market dynamics, keeping traders on edge.
Key Details:
Liquidation Amount: $1,865.2
Liquidation Price: $0.53429
Market Sentiment: Bullish momentum gaining traction
Next Moves:
1. Set a Stop Loss:
For long positions: Place a stop loss near $0.53000 to lock in profits and manage downside risk.
For short positions: Use a stop loss near $0.54000 to limit losses in case of further upward movement.
2. Monitor Critical Levels:
Support: $0.53000 – A dip below this level could indicate a temporary pullback.
Resistance: $0.54000 – A breakout above this could trigger further buying pressure.
3. Risk Management:
Avoid large positions in high-volatility conditions.
Wait for confirmation of trends before committing to trades.
The $SCRT market is heating up fast—stay vigilant and ready for the next big move.