second $1.0694K Long Liquidation hit $GWEI at $0.02240, reinforcing downside pressure around the $0.0223–$0.0224 zone. Reclaiming this area could indicate buyer absorption, while continued rejection may open the way toward lower support.
Market Structure: Bearish pressure
Trigger: $0.02240
Support: $0.0218 – $0.0213
Major Support: $0.0205
Resistance: $0.0230 – $0.0236
Breakout: $0.0243
Entry: Above $0.0230 after confirmation
SL: Below $0.0213
TP1: $0.0236
TP2: $0.0243
TP3: $0.0255
Trade smart: Two nearby long liquidations suggest elevated selling pressure, but price confirmation is still required.
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