$ATA Long Liquidation: $2.1406K Erased at $0.1416!
Key Details:
A significant $2.1406K in long positions was liquidated as ATA dropped to $0.1416, signaling strong bearish pressure.
This liquidation highlights a sudden shift in market sentiment, possibly fueled by profit-taking or a breakdown of key support levels.
Next Move:
Support: Watch $0.140 for immediate support.
A failure to hold could push $ATA toward $0.135 in the short term.
Resistance: If $ATA can bounce, $0.145 will be the first resistance to watch.
A break above this level could signal a recovery toward $0.150.
📉 Stop-Loss Strategy:
For long positions, set a stop-loss below $0.140 to protect your investment in case the price continues to fall.
For short positions, consider a stop-loss above $0.145 to limit risk if the market reverses and heads higher.
The market remains volatile—stay prepared for swift moves and manage your risk carefully!
