$PRL just saw a sharp $4.9796K long liquidation at $0.25441 🔴
This liquidation shows that leveraged longs are getting squeezed around the current zone. The key question now is whether PRL can reclaim momentum or whether sellers continue forcing weak positions out of the market.
Support: $0.2500–$0.2520
Resistance: $0.2600–$0.2650
Next Target 🎯: $0.2700, with $0.2800 as the bigger breakout target if resistance is cleared with strong volume.
If $0.2500 fails decisively, downside pressure could accelerate toward $0.2420–$0.2450.
💡 Pro Tip: Don’t chase the liquidation candle. Wait for confirmation, watch volume, and avoid oversized leverage. A reclaim above resistance could signal recovery, while a clean break below support may open another leg down.
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