$BABY Just Took a Hit – Big Players Liquidated!
A major long liquidation of $1,309.70 just occurred at $0.08416 – this is a strong signal that the bulls got caught off guard. When this kind of flush happens, it can often set up for a potential reversal or signal deeper weakness. Here's your complete game plan:
Technical Analysis for $BABY
Current Price: Around $0.08416
Trend: Short-term bearish after liquidation flush
Buy Zone (Accumulation Area):
Zone 1: $0.0795 – $0.0820 (Watch this area closely; it’s a key demand zone where price might bounce.)
Zone 2: $0.0750 – $0.0780 (Strong support zone, possible reversal if it drops this far)
Targets:
Target 1: $0.0870 (Short-term bounce)
Target 2: $0.0915 (Breakout of resistance zone)
Target 3: $0.0960 (Major swing target if volume supports rally)
Stop-Loss:
Below $0.0745 (If price breaks below this, bulls lose control and a deeper correction could follow)
Conclusion:
The recent long liquidation at $0.08416 has shaken out weak hands. If $BABY can hold above the $0.0795 level, there's a solid chance for a bounce and recovery. Watch volume and momentum closely – this could be a setup for a strong rebound if the market supports it.