BOOM! $TRUMP Holders Just Got Rattled!
A massive long liquidation of $1.1825K just hit the books at $12.72, and the sharks are circling. Is this the final shakeout before a parabolic move — or just the beginning of a deeper bleed?
Let’s break it down:
Current Situation:
Liquidation Level: $12.72
Volume: $1.18K (LONGs liquidated)
Market Sentiment: Weak hands flushed, volatility spike incoming.
Analysis & Trade Plan:
Buy Zone:
Primary Entry: $11.20 – $11.70 (High-confidence reversal zone, confluence with support)
Secondary Dip Buy: $10.50 (Extreme wick zone, only if panic sets in)
Targets:
1. Target 1: $13.30 – reclaim and retest of liquidation level
2. Target 2: $14.40 – previous resistance and profit-booking zone
3. Target 3 (Moon Shot): $15.75 – breakout potential if bulls return in force
Stop-Loss:
$10.20 (Below structure, confirms bear grip if breached)
Narrative:
The market just punished the over-leveraged. Smart money will wait patiently for blood — not chase green candles. The liquidation at $12.72 is a gift: it clears the weak hands and sets the stage for a stronger leg up if volume re-enters near the buy zone.
Watch the $11.20–$11.70 zone like a hawk. That’s where the bounce will likely ignite.
Pro Tip:
Don’t fight the trend — follow the volume, respect the levels, and trade the reaction, not your emotions.