$1000BONK
A short liquidation event printed $8.88K at 0.00231 on Binance as forced buy-ins pushed price into immediate overhead supply. While the sudden liquidation sweep caused a brief upside spike, the lack of follow-through buying volume near local resistance leaves the move vulnerable to a mean-reversion retracement.
Fading this liquidation-driven spike on weak lower-timeframe relief offers a structured short entry into dynamic support below.
EP
0.00238 - 0.00246
TP
0.00222
0.00210
0.00198
SL
0.00254
Failing to maintain intraday candle closes above 0.00248 confirms that sellers retain dynamic control over the upcoming pull-back.
Let's go $1000BONK
$APR
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #HyperliquidSeeksUSPerpetualContractMarket #SouthKoreaExpandsVASPReviewToMajorShareholders
A short liquidation event printed $8.88K at 0.00231 on Binance as forced buy-ins pushed price into immediate overhead supply. While the sudden liquidation sweep caused a brief upside spike, the lack of follow-through buying volume near local resistance leaves the move vulnerable to a mean-reversion retracement.
Fading this liquidation-driven spike on weak lower-timeframe relief offers a structured short entry into dynamic support below.
EP
0.00238 - 0.00246
TP
0.00222
0.00210
0.00198
SL
0.00254
Failing to maintain intraday candle closes above 0.00248 confirms that sellers retain dynamic control over the upcoming pull-back.
Let's go $1000BONK
$APR
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #HyperliquidSeeksUSPerpetualContractMarket #SouthKoreaExpandsVASPReviewToMajorShareholders