$SNDK
, everyone, this massive $91.354K long liquidation event right at $1254.00291 is definitely worth a closer look before making any assumptions. When a coin experiences a flush of this size, it completely resets the local order book and often creates a highly volatile environment. The short-term structure is showing a possible breakdown, but the sheer size of this liquidation could trigger a violent short squeeze if buyers step in.
📌 Reference Price: $1254.00 (Long Liq Level)
⬢ Entry Zone: $1253.50 – $1255.00
⬡ TP1: $1265.00
⬣ TP2: $1280.00
⬤ TP3: $1305.00
⬠ Stop Loss: $1240.00
The entry zone hugs the exact liquidation price to give us the best risk-to-reward ratio right at the point of maximum pain. TP1 targets the immediate local recovery as the market stabilizes, while TP2 and TP3 look for a full relief rally as the market digests the massive flush. The stop loss is placed well below the liquidation wick to invalidate the setup if the selling persists and breaks the structural floor.
Support: $1240.00 / $1220.00
Resistance: $1270.00 / $1300.00
On this lower-timeframe setup, the price action shows a severe drop that specifically targeted the $1254.00291 level to clear out heavy long positions. This long liquidation event suggests that a large block of weak hands has been completely wiped out, leaving the asset oversold. The momentum is currently bearish, but the exhaustion of long positions could trigger a sharp snap-back rally if volume supports the reversal.
Chart watchers, would you wait for confirmation here or try to catch the falling knife during such a massive liquidity sweep?
Let’s see if this massive liquidity sweep acts as a hard floor or if we get one more shakeout before the real move begins.
, everyone, this massive $91.354K long liquidation event right at $1254.00291 is definitely worth a closer look before making any assumptions. When a coin experiences a flush of this size, it completely resets the local order book and often creates a highly volatile environment. The short-term structure is showing a possible breakdown, but the sheer size of this liquidation could trigger a violent short squeeze if buyers step in.
📌 Reference Price: $1254.00 (Long Liq Level)
⬢ Entry Zone: $1253.50 – $1255.00
⬡ TP1: $1265.00
⬣ TP2: $1280.00
⬤ TP3: $1305.00
⬠ Stop Loss: $1240.00
The entry zone hugs the exact liquidation price to give us the best risk-to-reward ratio right at the point of maximum pain. TP1 targets the immediate local recovery as the market stabilizes, while TP2 and TP3 look for a full relief rally as the market digests the massive flush. The stop loss is placed well below the liquidation wick to invalidate the setup if the selling persists and breaks the structural floor.
Support: $1240.00 / $1220.00
Resistance: $1270.00 / $1300.00
On this lower-timeframe setup, the price action shows a severe drop that specifically targeted the $1254.00291 level to clear out heavy long positions. This long liquidation event suggests that a large block of weak hands has been completely wiped out, leaving the asset oversold. The momentum is currently bearish, but the exhaustion of long positions could trigger a sharp snap-back rally if volume supports the reversal.
Chart watchers, would you wait for confirmation here or try to catch the falling knife during such a massive liquidity sweep?
Let’s see if this massive liquidity sweep acts as a hard floor or if we get one more shakeout before the real move begins.