Analysis: Large long liquidation at $239.31 signals downside pressure and possible continuation after forced long exits. Bias remains cautious bearish below the liquidation zone.
Liquidation/Data: $9.7159K Long Liquidation at $239.30744
Support: $235.00
Resistance: $242.50
Entry: $238.50–$241.00
TP1: $235.00
TP2: $231.00
TP3: $227.00
SL: $243.50
Trigger: Rejection from $239–$242 followed by a breakdown below $235.
Invalidation: Sustained reclaim above $243.50 invalidates the short setup.
NFA • DYOR
#Cosmos Hub secures stolen ATOM #Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls #Fake GIWA blockchain scam #Fed rate hike expectations rise #MLCC demand surges in AI servers
