$SENT experienced approximately $9.92K in long liquidations around $0.02033, suggesting that leveraged buyers were forced out near this level. This may indicate downside momentum, although it could also represent a liquidity sweep before a recovery. The short thesis becomes stronger if price forms a lower high, rejects resistance, and confirms a bearish BOS. If price quickly reclaims the liquidation area and establishes a bullish CHOCH, the bearish setup should be reconsidered.
Trade Plan
Bias: SHORT — conditional
Entry: $0.0203–$0.0207 after confirmed bearish rejection
TP1: $0.0198
TP2: $0.0192
TP3: $0.0185
SL: $0.0211
Risk-to-Reward: Approximately 1:1 to 1:3, depending on entry and target.
Trade Grade: B — confirmation required
Trade Thesis: The long-liquidation event suggests that buyers may be under pressure. A bearish structure break, weak recovery, and rising selling volume would support continuation lower.
Risk Management: Avoid opening a short after an extended decline without a pullback. Confirm resistance rejection and maintain disciplined position sizing.
Trade Plan
Bias: SHORT — conditional
Entry: $0.0203–$0.0207 after confirmed bearish rejection
TP1: $0.0198
TP2: $0.0192
TP3: $0.0185
SL: $0.0211
Risk-to-Reward: Approximately 1:1 to 1:3, depending on entry and target.
Trade Grade: B — confirmation required
Trade Thesis: The long-liquidation event suggests that buyers may be under pressure. A bearish structure break, weak recovery, and rising selling volume would support continuation lower.
Risk Management: Avoid opening a short after an extended decline without a pullback. Confirm resistance rejection and maintain disciplined position sizing.