Massive $TIA Shakeout!
A $12.496K Long Liquidation just hit at $2.564 – weak hands are out, and the whales might be loading up!
Is this capitulation or the calm before a reversal?
Here’s the deep dive:
Technical Analysis (Short-Term Swing Setup)
Buy Zone (Accumulation Range):
$2.48 – $2.57
→ Strong support zone formed after liquidation sweep. Price may bounce from here as liquidity is taken and sell pressure weakens.
Entry:
Anywhere between $2.50 to $2.56 (ideal: close to $2.52)
Stop-Loss:
$2.42
→ Below the key liquidity trap and under the last major wick low. Protects against deeper breakdown.
Target 1: $2.78
Target 2: $3.02
Target 3 (Mid-Term): $3.28
→ Clean resistance levels with gaps in volume profile. Each target aligns with previous rejection zones.
Why This Trade?
High Long Liquidation = Possible Reversal Zone
RSI nearing oversold on 1H and 4H
Support zone aligning with previous breakout levels
Low volume follow-through after liquidation = Sign of exhaustion
Warning:
If $TIA loses $2.42 with volume, expect capitulation toward $2.20 or lower. Trade with risk management.