Liquidation reference: $0.59537
Entry Zone: $0.592–$0.600
Stop-Loss: $0.610
TP1: $0.580
TP2: $0.565
TP3: $0.550
Setup: Long liquidations around $0.59537 indicate downside pressure has recently forced leveraged buyers out. A rejection around $0.600 resistance would favor continuation toward the lower support zones.
Invalidation: A sustained move above $0.610 cancels the short idea.
Wait for confirmation rather than entering after an extended candle. Keep risk controlled and reduce exposure if momentum weakens.
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