$TLM Long Liquidation Alert: Intense Market Shakeout at $0.00528 — What Comes Next?
A significant $7,307 worth of long positions were liquidated in Alien Worlds $TLM at the key support level of $0.00528. This flash liquidation suggests that weak hands have been shaken out, possibly paving the way for a high-volatility reversal zone. Here's the full technical breakdown to seize the next move:
Technical Analysis
Current Market Structure:
The price plummeted to $0.00528, triggering a liquidation cascade.
This level coincides with historical support from early accumulation phases.
Volume surged around this level, indicating either capitulation or institutional accumulation.
Buy Zone (Accumulation Range):
Primary Buy Zone: $0.00500 – $0.00530
This zone is considered a high-risk, high-reward area. It’s where market participants are likely to reposition after the shakeout.
Target Levels (Upside Potential):
1. Target 1: $0.00610 – Previous minor resistance and a key pivot.
2. Target 2: $0.00680 – A more aggressive breakout target aligning with the 4H EMA cluster.
3. Target 3: $0.00750 – A psychological resistance where prior rallies have paused.
Stop Loss:
Recommended Stop Loss: Below $0.00480
A break below this level would invalidate the bullish structure and confirm further downside.
Strategic Insight:
This liquidation event may act as a springboard for a short-term reversal, especially if price holds above the $0.00500 level. It’s crucial to monitor volume on recovery attempts. Any move backed by strong buying pressure could trigger a fast rally, forcing shorts to cover and fueling upward momentum.
Patience is key. Let the market reveal its hand. If bulls regain control, $TLM could offer one of the most explosive moves in the micro-cap altcoin space.
