Analysis: Long liquidation near $3.6404 suggests downside pressure and a possible continuation lower if support fails. Bias remains cautious bearish below the liquidation zone.
Liquidation/Data: $7.2553K in LONG positions liquidated at $3.6404.
Support: $3.6000
Resistance: $3.6800
Entry: $3.6350–$3.6650
TP1: $3.6000
TP2: $3.5650
TP3: $3.5200
SL: $3.7050
Trigger: Rejection from $3.6400–$3.6650 or breakdown below $3.6000.
Invalidation: Sustained reclaim above $3.7050 invalidates the short setup.
NFA • DYOR
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