Big moves in the market with a **long liquidation** of **$9.7407K** at **$1.14278** for **$WIF**! This liquidation has shaken things up, and it’s time to analyze the next steps carefully. Let’s dive into the details.
🔍 **Full Breakdown:**
📉 **What’s Happening?** A massive **long liquidation** at **$1.14278** suggests a price pullback, shaking out traders who were betting on higher prices. This event could either trigger a **bullish reversal** or continued **downward pressure** — so staying alert is key!
📍 **Buy Zone:** The best entry point for **$WIF** looks to be around **$1.10 - $1.13**. These levels have shown some support, and if they hold, this could be the ideal zone to catch the next upward move.
🎯 **Target:** The initial target for **$WIF** could be around **$1.25**. Watch for momentum shifts that could bring the price even higher, but **$1.25** is a solid short-term target.
🚨 **Stop Loss:** To protect against unexpected moves, place your **stop loss** at **$1.05**. This level will help secure your position in case the market doesn’t bounce as expected.
💡 **Why It Matters:** Short liquidations create big market shifts, and these types of events often lead to **quick price action**. If you catch the trend early, you could make a solid profit, but always manage your risk!
⚡ **Stay sharp, trade wisely — the next move could be big!**
