💥 EUL
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $1.3909K
🚨• Trigger Price: $1.3909
🎯 Trade Setup:
• Entry Zone: $1.3850–$1.3950
• TP1: $1.4150
• TP2: $1.4350
• Stop-Loss (SL): $1.3720
📊 Market Analysis:
The long liquidation at $1.3909 indicates a downside liquidity sweep that can force weak positions out while creating room for fresh spot demand to absorb the sell pressure. Holding the $1.3850–$1.3950 zone would suggest that buyers are defending the sweep area and attempting to rebuild short-term price structure. A move above $1.4150 could confirm improving momentum and expose the next upside liquidity zone near $1.4350. Failure to hold the entry zone would weaken the recovery structure and increase the probability of further downside toward the stop-loss area.
🛡️ Risk Management: Keep spot exposure appropriately sized and limit the position to a small, predefined portion of total capital.
