Massive Liquidation Alert: $DOT Dumps Longs – Time to Strike?
$2,151.6K Longs Wiped Out at $4.789!
The market just flushed out over $2.15 million worth of $DOT longs at the $4.789 level – a classic shakeout!
But remember – where weak hands fall, smart money rises.
DOT Technical Analysis (Spot Price Near $4.75)
Buy Zone:
$4.55 to $4.75
Heavy support, coupled with long liquidation, signals a strong potential bounce zone.
Targets:
1. Target 1: $5.12 – Key resistance level from previous structure
2. Target 2: $5.45 – High-volume node + previous high
3. Target 3 (Moonshot): $5.95 – Fib extension + momentum breakout zone
Stop-Loss:
$4.38
Below this, structure breaks down and momentum shifts bearish.
Why This Matters:
Longs liquidated means leverage is reset – bulls have room to run
Price near strong support + volume spike = high probability of reversal
Risk-reward here is loaded in favor of bulls
Are you brave enough to enter while others panic?
$DOT just gave us a setup – will you ride the wave or miss the tide?