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.

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