A $1.8916K long liquidation at $0.03062 indicates a sharp downside liquidity event. Rather than selling directly into the flush, the cleaner setup is to wait for a rebound into resistance and look for renewed rejection.
Entry Zone: $0.0310–$0.0318
Stop-Loss: $0.0330
Take-Profit:
TP1: $0.0300
TP2: $0.0288
TP3: $0.0272
The short thesis strengthens if price fails to reclaim $0.0320 and sellers return with expanding volume. The liquidation zone can act as a reference for the next downside liquidity sweep.
Invalidation: A sustained break above $0.0330 cancels the short setup.
#Fed rate hike probability rises
