Analysis: Long liquidation suggests bullish positions were forced out near $1,476.40, indicating potential downside pressure. A short setup remains cautious until price confirms rejection or a breakdown.
Liquidation/Data: $21.319K Long Liquidation at $1,476.40
Support: $1,450.00 Resistance: $1,500.00 Entry: $1,475.00–$1,490.00 TP1: $1,455.00 TP2: $1,435.00 TP3: $1,410.00 SL: $1,510.00
Trigger: Enter short only after price rejects the $1,475–$1,490 zone or breaks below $1,450 with confirmation.
Invalidation: A sustained move above $1,510 invalidates the short setup.
Risk Note: These are provisional levels based solely on the liquidation price, not verified live market structure. Wait for price confirmation before entry.
NFA • DYOR
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