Liquidation Reference: $9.49124 (Long Liquidations: $1.51K)
Entry Zone: $9.45 – $9.55
Stop-Loss: $9.85
🎯 Take-Profit Targets
- TP1: $9.15
- TP2: $8.85
- TP3: $8.50
Market Analysis:
The liquidation activity around $9.49 suggests pressure on leveraged long positions. Failure to establish support above this reference could expose lower price levels. A bearish rejection, weaker buying volume, and continued selling pressure would support a short opportunity.
Invalidation: A sustained recovery above $9.85 would cancel the bearish scenario.
Risk Management: Consider partial profit-taking at each target and keep exposure controlled.
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