A $7.08K long liquidation at $3.26459 signals that leveraged bulls have been flushed, removing excess leverage from the market. This reset could pave the way for a cleaner recovery if buyers regain control.
Support: $3.18
Resistance: $3.35
Next Target: $3.55
Watch for strong buying volume above resistance. A confirmed breakout increases the probability of bullish continuation, while losing support may trigger another liquidity sweep.
#BlackRock expands ETF capacity
