Analysis: A short liquidation of $8.05K suggests aggressive shorts were forced out near $1,720.38. With no broader market data provided, this is a cautious rebound setup rather than a confirmed trend reversal.
Liquidation/Data: Short liquidation: $8.0514K at $1,720.37995
Support: $1,690
Resistance: $1,760
Entry: $1,715–$1,730
TP1: $1,760
TP2: $1,805
TP3: $1,850
SL: $1,675
Trigger: Hold above $1,715 and reclaim $1,730 with buying momentum.
Invalidation: Sustained breakdown below $1,675 invalidates the long setup.
NFA • DYOR
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