💎$FIL - Long positions have been liquidated! Liquidation of $8.1491 thousand at $2.633! 🔥
🔥⚡ Market structure:
Recently, a massive liquidation of $8.1491 thousand occurred at $2.633, indicating pressure on bulls.
When long liquidations occur near key levels, it usually indicates that the market is about to make a significant move - either a deeper pullback or a sudden rise.
The price is holding near the support level, but this event could serve as a strong launch for the next bullish wave.
💰💰 Current price: $2.642 (+X.XX%)
📈😉 24-hour range: $2.6100 - $2.6700🟢⚙️ Key levels:
• Support: $2.6200 - Bulls are holding strongly around this level.
• Resistance: $2.6800 - A break above this level could be followed by a rise. Trading settings:
• Entry zone: $2.6300 - $2.6500 (ideal for entering a quick rebound) • Take profit point 1: $2.7000 • Take profit point 2: $2.8000 • Stop loss: $2.5800 💡⚡ Professional tip: Long liquidation zones may lead to upward movements once weak trading ends.
If the price holds above $2.6300 and breaks through $2.6800, it could spark a rise towards the next major resistance level.
