Analysis: A $1.1699K long liquidation at $0.5649 signals downside pressure and weakened long positioning. With limited market data, favor a cautious short below the liquidation zone.
Liquidation/Data: $1.1699K Long Liquidation at $0.5649
Support: $0.5500
Resistance: $0.5800
Entry: $0.5620–$0.5680
TP1: $0.5520
TP2: $0.5420
TP3: $0.5300
SL: $0.5805
Trigger: Rejection below $0.5650 or breakdown through $0.5500.
Invalidation: Sustained reclaim above $0.5800 invalidates the short setup.
NFA • DYOR
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