$TNSR Just Faced a Major Shakeout: $5.03K Longs Liquidated at $0.1301
The market just flushed out a significant number of leveraged long positions on $TNSR at the critical level of $0.1301, wiping out over $5,039 in open interest. But where others see fear, smart traders see opportunity.
This kind of liquidation usually signals two things:
1. Weak hands have been washed out
2. A potential reversal or stronger move could be near
Let's break down the strategic trade zones:
Buy Zone:
$0.1230 - $0.1280
This is the post-liquidation demand zone. If TNSR stabilizes here, it could trigger a bounce back as selling pressure eases.
Support Levels:
Major Support: $0.1200 (psychological level and previous accumulation zone)
Minor Support: $0.1265 (reaction low during liquidation event)
Targets (Bullish Scenario):
Target 1: $0.1380 (first resistance and prior breakdown level)
Target 2: $0.1455 (last major supply zone before dump)
Target 3: $0.1590 (breakout level if momentum follows through)
Stop Loss:
Below $0.1200
If price breaks and closes under $0.1200 with volume, it's a clear invalidation of the setup. At that point, bulls lose structure.
Narrative:
$TNSR just triggered a major liquidation trap at $0.1301, a classic setup for a reversal play. The liquidation flush may mark the local bottom as over-leveraged longs are out of the picture. Watch closely for bullish volume and a reclaim of $0.1300 — that’s the signal bulls have retaken control.
Risk management is key. Stay sharp. The next move could be explosive.