BIG Liquidation ALERT for $SFP !
SHORTS just got WRECKED!
A massive $1.5K worth of shorts liquidated at $0.6535 — and that’s a BULLISH SIGNAL!
The whales might be setting the stage for a reversal rally. Eyes on the prize — here’s the full breakdown:
Technical Analysis:
Chart Structure:
After printing a short-liquidation wick near $0.6535, $SFP has shown signs of bear trap activity. This usually precedes a strong upside move as shorts scramble to cover.
Volume Spike:
Noticeable increase in volume around the liquidation zone suggests accumulation by smart money.
Trade Setup:
Buy Zone:
✅ $0.6400 – $0.6600 (accumulation range near liquidation zone)
Targets:
🎯 Target 1: $0.7000
🎯 Target 2: $0.7550
🎯 Target 3: $0.8200 (major resistance zone, profit booking likely)
Stop Loss:
⛔ $0.6150 (just below previous local support and wick low)
Strategy:
This is a high-reward swing opportunity triggered by forced liquidations. Let the volatility work in your favor. Accumulate slowly in the buy zone and trail your SL as it pumps.
$SFP Warriors Assemble!
The bears had their fun, now it’s time to squeeze them out.