🚨 POWER
💥 POWER
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $2.0351K
• Trigger Price: $0.07347
🎯 Trade Setup:
• Entry Zone: $0.07290–$0.07360
• TP1: $0.07550
• TP2: $0.07800
• Stop-Loss (SL): $0.07050
📊 Market Analysis: The long liquidation at $0.07347 indicates that downside liquidity was swept as selling pressure pushed through a nearby support zone. This flush can clear weaker positions from the order book, creating room for a recovery if buyers absorb supply and reclaim the liquidation area. Sustained acceptance above $0.07347 could strengthen short-term momentum and open a path toward higher resistance, while rejection may keep price under pressure and invite further consolidation. A clean reclaim followed by higher lows would provide stronger confirmation of improving market structure.
🛡️ Risk Management: Keep spot position sizing disciplined and allocate only the capital that fits your predefined risk limit.
