$MELANIA has recorded a notable long liquidation, signaling bullish positions are being forced to exit as sellers regain control. The move reflects increasing bearish pressure and suggests further downside unless buyers reclaim key resistance.
📊 Market Structure: Bearish Breakdown Attempt
🟢 Support: $0.06850 – $0.06700
🔴 Resistance: $0.07100 – $0.07300
⚠️ Key Level: Below $0.06850
A confirmed breakdown could accelerate selling toward lower support levels.
💡 Pro Tip: Wait for buyer confirmation around support before entering.
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