$SCR – Long Liquidation Confirms Bearish Continuation 📉
$SCR ** just witnessed a significant long liquidation at **$0.04872, confirming that buyers lost control and were forced out as price moved lower. This type of event typically strengthens bearish momentum — liquidity below support has already been claimed, and trapped buyers now form overhead resistance.
📊 Trade Setup – Short
· 📍 Entry Zone: 0.04810 – 0.04920
· 🛑 Stop Loss: 0.05140
· 🎯 Take-Profit Targets:
· TP1: 0.04560
· TP2: 0.04320
· TP3: 0.04050
Market Structure:
✅ Trend: Bearish — price making lower highs
✅ Resistance: Failing to reclaim $0.05000** supply zone
✅ **Momentum:** Favors sellers — liquidation confirms aggressive downside pressure
✅ **Liquidity Pockets:** Below **$0.04600 and $0.04300 — natural magnets for continuation
Why This Setup Works:
· Long liquidation event trapped buyers, adding to overhead resistance
· Weak buyer defense confirmed by price action
· Sellers remain in control — downside path of least resistance
· Defined risk with stop above recent structure
Invalidation:
A break above $0.05140 would signal a shift in control and void the bearish setup.
👉 [Trade
$SCR Here]
#SCR #MarketRebound #HarvardAddsETHExposure #PEPEBrokeThroughDowntrendLine #OpenClawFounderJoinsOpenAI