it means showing many short positions opened to wash out all of them it should be nearly 0.007 - 0.008 and easily load some in spots that can't affect if you lose
guys we short $AUCTION but with a stop loss of 35-40. don't panic, use less average 20 X 10 x we start as you see your in 50% profit secure it.You will not be rich today ,but your building your wealth. good luck
🚨 $SHELL Long Liquidation! Big Drop or Buy Chance?
A massive $14.51K long liquidation just hit SHELL at $0.27747! This means traders who borrowed money to buy got wiped out as the price dropped. Is this a danger sign or the perfect time to buy? Let’s break it down! ---
🔍 What This Liquidation Means? Long liquidation happens when traders buy on leverage but get forced to sell as the price drops. Whales love this! They shake out weak hands before making their next big move. Now, the big question: Will SHELL recover or fall even more? ---
💡 Best Trading Strategy: If SHELL holds above $0.2600, it could see a strong bounce up. A break above $0.2950 confirms bullish momentum! If SHELL drops below $0.2550, it might go lower—cut losses early. ---
📌 Final Thoughts – What’s Next? 🔥 SHELL got hit hard, but if it holds $0.2600, expect a strong rebound toward $0.2950+.
⚠️ If it breaks below $0.2550, be cautious—it could dip further. 🚀 If Bitcoin pumps, SHELL could explode! If BTC falls, SHELL may struggle.
What’s your plan? Buying or waiting? Let’s discuss!