$PHAROS Pullback & Liquidation Alert (-7.3%) ā ļø
Heavy liquidation cascade observed after key structure broke down.
š Key Technical Levels:
⢠Current Price: $0.7423
⢠š¢ Support to Watch: $0.8110
⢠š“ Immediate Resistance: $0.8558
⢠š 24h Volume: $6.6M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Watching price reaction around key levels before taking any next position.
$PHAROS #BinanceSquare
Heavy liquidation cascade observed after key structure broke down.
š Key Technical Levels:
⢠Current Price: $0.7423
⢠š¢ Support to Watch: $0.8110
⢠š“ Immediate Resistance: $0.8558
⢠š 24h Volume: $6.6M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Watching price reaction around key levels before taking any next position.
$PHAROS #BinanceSquare
