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$PRL buyers thought they had support.

Then $1.51K in longs were liquidated at $0.20657.

One breakdown was enough to expose the leverage underneath.

Now buyers have to earn that level back.


Until $0.206–$0.207 is reclaimed, I’d treat rebounds cautiously.


📉 Trade Setup — SHORT


Entry: $0.205 – $0.208

TP1: $0.200

TP2: $0.194

TP3: $0.186

SL: $0.212


Analysis: Rejection around the liquidation zone could trigger another leg lower. A clean recovery above $0.212 would signal that sellers are losing control.


$PRL #PRL #Trending

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