Direction: LONG
Long liquidation: $3.2014K at $0.04354
Entry Zone: $0.04350–$0.04420
The $0.04350 area is currently the key reaction zone after the reported long liquidation. If buyers absorb selling pressure and reclaim $0.04420, a recovery toward the next resistance levels becomes technically reasonable.
Support: $0.04350 / $0.04220
Resistance: $0.04550 / $0.04700
🎯 TP1: $0.04550
🎯 TP2: $0.04700
🎯 TP3: $0.04900
🛑 Stop-Loss: $0.04180
Volume expansion on a move above $0.04420 would strengthen the setup. Avoid entering if price continues making lower lows.
Invalidation: A sustained break below $0.04180 cancels the long setup.
