$GPS
Short Liquidation Hit – Market Gave a Warning
A short liquidation of $11.92K at $0.01255 just happened on GPS.
This means many traders were betting on price going down, but the market pushed up and forced them to close. After events like this, price often cools down first, then decides the next real move.
What This Means Now
Shorts are cleared → selling pressure reduced
Price may pull back or move sideways for a while
Smart money usually waits for a dip before the next push
Possible Buy Zone (If Price Pulls Back)
Buy Zone: $0.01180 – $0.01210
This area is safer because it is below the liquidation level and can act as support.
Targets (If Bounce Happens)
Target 1: $0.01320
Target 2: $0.01400
Target 3: $0.01520
Book partial profit step by step. Don’t be greedy.
Stop Loss (Very Important)
Stop Loss: $0.01130
If price breaks this level, setup becomes weak. Protect your capital.
Simple Strategy
Wait for a dip near buy zone
Enter slowly, not all at once
Keep stop loss fixed
Take profits in parts
Final Thought
Short liquidation shows strength, but not instant pump every time. Patience is key. Let the price come to you, don’t chase green candles.
Trade safe. Risk small. Stay consistent.