Analysis: A long liquidation at $0.85623 indicates downside pressure and forced long exits. With limited market data, bias remains cautiously bearish below the liquidation level.
Liquidation/Data: Long liquidation: $2.841K at $0.85623.
Support: $0.84000
Resistance: $0.87000
Entry: $0.85400–$0.86000
TP1: $0.84000
TP2: $0.82500
TP3: $0.81000
SL: $0.87300
Trigger: Rejection below $0.86000 or breakdown under $0.85000 confirms the short setup.
Invalidation: Sustained reclaim above $0.87300 invalidates the setup.
NFA • DYOR
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