Liquidation Reference: $281.92384
Entry Zone: $282.00 – $283.50
Stop-Loss: $278.00
Take Profit 1: $287.00
Take Profit 2: $292.00
Take Profit 3: $297.00
Market Analysis: Short liquidations near $281.92 suggest upward pressure as bearish positions are forced to close. A successful hold above the reference level could support another move higher. Look for a clean breakout, sustained trading volume, and successful retest before considering entry.
Invalidation: A decisive move below $278.00 would invalidate the bullish scenario. Avoid chasing an extended move and maintain proper risk management.
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