🔥 COHR
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $113.06K
• Trigger Price: $342.59098
🎯 Trade Setup:
• Entry Zone: $338.00–$343.00
• TP1: $350.00
• TP2: $358.00
• Stop-Loss (SL): $331.50
📊 Market Analysis:
The $113.06K long liquidation at $342.59098 signals a significant downside liquidity sweep, potentially clearing weak demand around the trigger area. If price stabilizes near $338–$343 and the order book begins absorbing further selling, a recovery toward the $350 region could develop. Reclaiming $350 would strengthen short-term structure and open the path toward $358, while continued acceptance below the liquidation zone would weaken the setup. Momentum should therefore be monitored for a clear reclaim and sustained buying response before targeting the higher levels.
🛡️ Risk Management: Keep spot exposure appropriately sized and limit risk to a small portion of total trading capital.