🔥 $VTHO Short Liquidation Spotted! 🔥
A $27.8K short liquidation just hit at $0.005144, shaking up the market! Is this a sign of bullish strength, or will bears take control? Let’s break it down and plan the next move carefully.
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What’s Next?
This liquidation indicates buyers are gaining strength, pushing shorts to close their positions. This could lead to further upside momentum, but we need to stay cautious as the market tests key levels.
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Trading Plan (Keep Risk in Mind! DYOR Always)
1️⃣ Buy Zone:
Look for entries between $0.005050 - $0.005100 if the price holds above support.
2️⃣ Targets:
Target 1: $0.005200 (First resistance level)
Target 2: $0.005300 (Short-term breakout zone)
Target 3: $0.005400 (Aggressive bullish target)
3️⃣ Stop Loss:
Place your stop loss below $0.004950 to protect against unexpected drops.
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Why This Matters?
Short liquidations often fuel upward price action as sellers are forced to exit. With $27.8K liquidated, we’re seeing signs that bulls may push the price higher in the short term. Watch volume and key levels for confirmation before entering.
Stay patient and don’t FOMO! Watch for retests of the buy zone before entering. Let the chart guide you!
Trade wisely, and let the market work for you! 💹
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