Liquidation Reference: $122.99828
Entry Zone: $121.80–$123.20
Stop-Loss: $118.90
Take Profit:
TP1: $125.50
TP2: $128.00
TP3: $131.50
Market Analysis:
The liquidation reference around $123 provides an important short-term level to watch. If price holds this area and buyers regain momentum, a recovery toward successive resistance levels could follow. A sustained move above the entry region with stronger volume would improve the probability of continuation. Patience is important while the market establishes direction.
Invalidation: A confirmed breakdown below $118.90 cancels the long setup.
Manage exposure carefully and consider securing partial profits at each target.
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