💥 POPCAT
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $1.2663K
🚨• Trigger Price: $0.06559
🎯 Trade Setup:
• Entry Zone: $0.06480–$0.06620
• TP1: $0.06850
• TP2: $0.07100
• Stop-Loss (SL): $0.06280
📊 Market Analysis:
The long liquidation at $0.06559 indicates a downside liquidity sweep where forced position closures can create temporary selling pressure around the trigger zone. If price stabilizes within the $0.06480–$0.06620 area, absorption of sell-side liquidity could support a recovery and improve the short-term price structure. A sustained move above $0.06850 would signal improving momentum and open the path toward the next resistance near $0.07100. Failure to reclaim the entry zone would indicate continued weakness and increase the risk of further downside.
🛡️ Risk Management: Keep spot exposure appropriately sized and limit the position to a small, predefined portion of total capital.
