$TRB – Long Liquidation Alert
💥 Liquidation Size: $3,747.1
📉 Price Level: $27.351
What’s Going On?
A long position worth $3.7K was liquidated at $27.351. This means buyers got caught on the wrong side of the move, and the price dropped enough to trigger forced exits.
Market Implication:
Long liquidations show weakness from bulls and can trigger further downside if sentiment doesn’t recover. If $27 fails to hold as support, the next drop could accelerate.
Key Levels to Watch:
• Immediate Support: $26.50 – $27.00
• Next Major Support: $25.40
• Resistance Zone: $28.20 – $28.80
Pro Tip: Avoid rushing into longs. Look for price stability and a confirmed reversal candle near key support before re-entering. Momentum favors bears until recovery signs appear.
