A $12.73K LONG liquidation just hit $1000SHIB at $0.00597, flushing a heavy cluster of leveraged long positions and resetting short-term market structure. Liquidations of this size often act as major liquidity sweeps, clearing weak hands and opening a high-volatility window.
With leverage removed, $1000SHIB is now trading at a key reaction zone. If buyers step in and defend this level with strong volume support, $1000SHIB could attempt a sharp recovery. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.00590 – 0.00605
TP1: 0.00645
TP2: 0.00705
TP3: 0.00810
SL: 0.00565
Post-liquidation moves can be sharp — let price action confirm direction.
#1000shib #WhenWillBTCRebound #WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints
