🚨 $SHIB /USDT – Long Liquidation Alert!
💥 $24.75K Wiped Out at $0.01298 – Bulls Taken Out!
📊 Market Breakdown:
A massive $24.75K long position in $1000SHIB was liquidated at $0.01298 — a sharp drop that caught the bulls off guard.
This liquidation could signal a potential short-term bearish trend if $1000SHIB fails to hold key support.
💰 Current Price: $0.01298
📈 24H Range: $0.01275 – $0.01350
⚙️ Key Levels to Watch for $1000SHIB:
• Support: $0.01275 – Vital level for $1000SHIB to hold
• Resistance: $0.01320 – Critical level to break for bullish momentum
🎯 Trade Setup for $1000SHIB:
• Entry Zone: $0.01275 – $0.01290 (watch for price action and confirmation)
• TP1: $0.01320 – First resistance level for $1000SHIB
• TP2: $0.01350 – Next target area for $1000SHIB
• Stop Loss: $0.01260 – Tight stop to manage risk with $SHIB
💡 Pro Tip:
After such a liquidation, the market can get volatile. If $1000SHIB manages to break $0.01320, we could see a bullish reversal.
But, if it dips below $0.01275, we may see further downside in $1000SHIB.