🚨 POWER
💥 POWER
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $5.262K
• Trigger Price: $0.07002
🎯 Trade Setup:
• Entry Zone: $0.06930–$0.07010
• TP1: $0.07250
• TP2: $0.07550
• Stop-Loss (SL): $0.06720
📊 Market Analysis: The long liquidation at $0.07002 indicates that downside liquidity was swept as selling pressure pushed through a key support area. This flush can remove weaker positions from the order book, creating room for a cleaner recovery if buyers reclaim the liquidation zone with sustained demand. Holding above $0.07000 could strengthen short-term momentum and open a path toward nearby resistance, while failure to reclaim the level may extend consolidation or invite another liquidity sweep. A decisive recovery above the trigger area would provide stronger evidence of structural improvement.
🛡️ Risk Management: Keep spot position sizing disciplined and allocate only the capital that fits your predefined risk limit.