Last night, we witnessed a powerful wave of liquidations on the PROM/USDT pair — the price collapsed from $5.23 to $3.19, which is a drop of more than 39%! 😱 This is a clear signal: the market is unstable, and such movements may repeat in other altcoins. It's time to take advantage of the volatility wisely.
💡 Trading strategy on liquidations ( with explanations) 📌 1. Deep Limit Orders Place limit orders below the current market price at key support levels. This will allow you to "catch" coins at a favorable price when the liquidation avalanche begins.
✅ Example: if PROM is currently priced at $4.06, set limit orders at levels 3.70 / 3.30 / 2.90 — the price might "drop" there during a sharp decline.
📌 2. Work with the order book and volumes Monitor the spikes in volumes — they indicate the areas of forced sales (liquidations). As soon as you see a volume peak during a decline — wait for a rebound.
📈 Cm. Chart: large green candlesticks and increased volume after the bottom are a classic buyout of liquidations.
📌 3. Enter in parts ( market + limit ) Do not enter the entire amount at once — split it into 3-5 parts and use a grid of limit orders. Additionally, you can add a market buy when you see a reversal candle and volume.
📌 4. Don't be greedy — secure your profit. After strong liquidations, there is often a quick rebound of 10-30%. Secure your profits gradually — don't wait for a full return to the highs.
📌 5. Keep an eye on altcoins with low liquidity. PROM is just an example. Similar movements are possible with other small tokens. Look for:
Low daily volume
High leverage for traders
Sustainable growth before the dump
🚨 Important:
Don't forget about risk management
Use stop-loss or hedge positions
Trade with a cool head, not with emotions.
🧠 Conclusion: the current market is a field of opportunities for those who know how to catch liquidations. Be the one who buys fear, not panicking with the crowd! 💪
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
🔻 Night liquidation on #PROM# — a sign to act! 🔻
Last night, we witnessed a powerful wave of liquidations on the PROM/USDT pair — the price collapsed from $5.23 to $3.19, which is a drop of more than 39%! 😱 This is a clear signal: the market is unstable, and such movements may repeat in other altcoins. It's time to take advantage of the volatility wisely.
💡 Trading strategy on liquidations ( with explanations)
📌 1. Deep Limit Orders Place limit orders below the current market price at key support levels. This will allow you to "catch" coins at a favorable price when the liquidation avalanche begins.
✅ Example: if PROM is currently priced at $4.06, set limit orders at levels 3.70 / 3.30 / 2.90 — the price might "drop" there during a sharp decline.
📌 2. Work with the order book and volumes
Monitor the spikes in volumes — they indicate the areas of forced sales (liquidations). As soon as you see a volume peak during a decline — wait for a rebound.
📈 Cm. Chart: large green candlesticks and increased volume after the bottom are a classic buyout of liquidations.
📌 3. Enter in parts ( market + limit ) Do not enter the entire amount at once — split it into 3-5 parts and use a grid of limit orders. Additionally, you can add a market buy when you see a reversal candle and volume.
📌 4. Don't be greedy — secure your profit. After strong liquidations, there is often a quick rebound of 10-30%. Secure your profits gradually — don't wait for a full return to the highs.
📌 5. Keep an eye on altcoins with low liquidity. PROM is just an example. Similar movements are possible with other small tokens. Look for:
Low daily volume
High leverage for traders
Sustainable growth before the dump
🚨 Important:
Don't forget about risk management
Use stop-loss or hedge positions
Trade with a cool head, not with emotions.
🧠 Conclusion: the current market is a field of opportunities for those who know how to catch liquidations. Be the one who buys fear, not panicking with the crowd! 💪