🔥 BTW
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $1.4129K
• Trigger Price: $0.37789
🎯 Trade Setup:
• Entry Zone: $0.37200–$0.37800
• TP1: $0.38500
• TP2: $0.39500
• Stop-Loss (SL): $0.36500
📊 Market Analysis:
The long liquidation at $0.37789 signals a downside liquidity sweep that cleared leveraged long positions and may create room for a short-term stabilization or rebound. If spot buyers absorb selling pressure around the $0.37200–$0.37800 zone, price could reclaim nearby resistance and build toward $0.38500 and $0.39500. A sustained move above the first target would improve the short-term market structure and indicate stronger demand, while continued selling below the entry zone would invalidate the recovery setup. Order-book absorption and increasing spot volume should be monitored for confirmation of a structural reversal.
🛡️ Risk Management: Allocate a small, predefined portion of the spot portfolio and limit exposure if price loses the invalidation level.
