$THE
— A BIGGER LIQUIDATION EVENT DESERVES ATTENTION! 🚨
The market is constantly testing leveraged positioning, and THE has just recorded a notable long liquidation event. What matters now is whether sellers use this weakness to push lower or buyers step in to absorb the pressure.
🔴 Long Liquidation: $8.7672K at $0.03703
The $0.03703 level is an important reference for the next reaction. Continued weakness could expose additional downside, while a successful recovery may create room for a bullish rebound.
📊 Key Levels (Estimated):
Support S1: $0.0365
Support S2: $0.0358
Resistance R1: $0.0378
Resistance R2: $0.0386
🎯 Trading Setup:
EP: $0.0368–$0.0372
TP: $0.0379 / $0.0386 / $0.0395
SL: $0.0360
I'm not interested in catching a falling candle. I want to see buyers establish a higher low on the lower timeframe before considering a long position.
THE is worth monitoring closely. Patience will determine the entry.
#TradFiForBeginners #HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook
— A BIGGER LIQUIDATION EVENT DESERVES ATTENTION! 🚨
The market is constantly testing leveraged positioning, and THE has just recorded a notable long liquidation event. What matters now is whether sellers use this weakness to push lower or buyers step in to absorb the pressure.
🔴 Long Liquidation: $8.7672K at $0.03703
The $0.03703 level is an important reference for the next reaction. Continued weakness could expose additional downside, while a successful recovery may create room for a bullish rebound.
📊 Key Levels (Estimated):
Support S1: $0.0365
Support S2: $0.0358
Resistance R1: $0.0378
Resistance R2: $0.0386
🎯 Trading Setup:
EP: $0.0368–$0.0372
TP: $0.0379 / $0.0386 / $0.0395
SL: $0.0360
I'm not interested in catching a falling candle. I want to see buyers establish a higher low on the lower timeframe before considering a long position.
THE is worth monitoring closely. Patience will determine the entry.
#TradFiForBeginners #HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook