$S /USDT – Longs Liquidated Below $0.55!
S just triggered a long liquidation of $1.90K at $0.55102, as price dipped below support, catching buyers off guard and flipping the momentum to the downside.
📊 Current Price: $0.55102
• 24H High: $0.5625
• 24H Low: $0.5480
📉 Market Structure:
• Strong rejection from key support at $0.55
• Lower highs forming – bearish trend developing
📍 Key Levels:
• Resistance: $0.5575 – $0.5630
• Support: $0.5450 – $0.5400
⚙️ Trade Setup:
• Short Entry Zone: $0.5530 – $0.5560
• TP1: $0.5450
• TP2: $0.5400
• TP3: $0.5350
• Stop Loss: $0.5650
Pro Tip: A failure to reclaim $0.5575 could signal further downside, with more long liquidations potentially in play.
$S under pressure – bearish momentum building!