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🚨‼️KAITO Short Liquidation Alert: What's Next?
A significant short position worth $5,012.2 was recently liquidated at $1.83691, indicating that sellers got trapped and buyers may take control. Here's a breakdown of possible scenarios and key levels to watch:
➡️Possible Scenarios
1. Bullish Breakout: If buyers maintain momentum, the price may break resistance and surge higher.
2. Dip and Recover: If sellers push back, we might see a minor dip before the next move.
⚠️Key Levels
- Buy Zone: $1.75 - $1.82 (wait for a small dip before entering)
- Strong Support: Around $1.75 (a great buying opportunity if the price holds)
- Target Levels:
- Target 1: $1.95 (short-term profit)
- Target 2: $2.10 (stronger move if momentum continues)
- Target 3: $2.35 (high bullish momentum, strong resistance area)
- Stop-Loss: $1.68 (below key support to protect against losses)
Final Thoughts
1. Wait for a good entry – don't rush in.
2. Monitor volume and market strength before making a decision.
3. Stick to your strategy and always use a stop-loss.
4. Remember that crypto markets are unpredictable – trade wisely and manage your risk!
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