🚨 ALLO
💥 ALLO
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $2.3782K
• Trigger Price: $0.28248
🎯 Trade Setup:
• Entry Zone: $0.2790–$0.2840
• TP1: $0.2910
• TP2: $0.3000
• Stop-Loss (SL): $0.2720
📊 Market Analysis: The long liquidation at $0.28248 suggests that price swept through a downside liquidity pocket, clearing weaker holders before the order book began stabilizing around nearby demand. If buyers defend the $0.2790–$0.2840 zone, the market can establish a stronger base and attempt a recovery toward higher resistance levels. A sustained move above TP1 would reinforce improving price structure and increase the probability of extending toward TP2. If the reclaimed support area fails to hold, continued selling pressure could trigger another test of lower liquidity before momentum begins to recover.
🛡️ Risk Management: Allocate only a small portion of capital to each spot position and strictly respect the stop-loss if the setup is invalidated.
