#1000BONKUSDC Long Liquidation Update
Liquidation Value: $2,700.90
Liquidation Price: $0.03378
Market Movement: Long positions were liquidated, suggesting strong bearish pressure and potential further downside.
Suggested Trade Setup
Entry Point: $0.03380 (after confirming the bearish trend)
Stop Loss: $0.03450 (to limit losses in case of a reversal)
Target 1: $0.03250 (first support level)
Target 2: $0.03100 (extended downside target)
This strategy capitalizes on the market’s bearish sentiment following the liquidation event. Always adjust your position based on real-time market dynamics and manage risk effectively.
