Bulls are facing a fresh liquidity test! Approximately $1.0162K in long positions has been liquidated around $4,097.44. This shakeout puts buyers under pressure, but a strong defense of the current price zone could support a potential recovery.
📊 Key Technical Levels:
- Support: $4,075–$4,085
- Resistance: $4,115–$4,135
- Next Target: $4,170
If buyers defend support and reclaim $4,135, bullish momentum could strengthen toward $4,170. However, losing $4,075 could expose the market to further downside.
🔥 Watch the reaction carefully. Let price confirmation lead your decisions.
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