Liquidation Reference: $0.02843
Entry Zone: $0.02825 – $0.02855
Stop-Loss: $0.02915
Take-Profit Targets:
TP1: $0.02785
TP2: $0.02725
TP3: $0.02665
Market Analysis:
ID recorded long liquidations near $0.02843, suggesting that leveraged buyers were exposed to downside pressure. If price retests this region and fails to establish support, sellers may retain short-term control. A breakdown supported by stronger volume would provide additional confirmation. Avoid chasing price after an extended decline.
Invalidation: A sustained recovery above $0.02915 cancels the short idea.
Follow strict stop-loss discipline and manage leverage responsibly.
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