BOOM!
$INIT /USDT just triggered a massive SHORT LIQUIDATION worth $1.97K at $1.1740!
Looks like the bears just got rekt—is this the signal we've been waiting for?
Market Pressure Shift Detected!
The liquidation at this level shows strong buying force kicking in. A potential bullish reversal is brewing. Let’s break it down!
Trade Setup (Spot or Futures):
Pair: $INIT /USDT
Trend: Bullish Reversal (based on short liquidation)
Buy Zone:
$1.1450 – $1.1750
Ideal accumulation zone near the liquidation level. Strong support and potential bounce area.
Targets:
Target 1: $1.2300 – initial resistance zone
Target 2: $1.2950 – liquidation recovery point
Target 3: $1.4200 – breakout level if volume spikes
Stop Loss:
$1.0990
Set slightly below key support to manage risk if reversal fails.
Why this setup is powerful?
Short liquidation signals weak bear control
Price hovering around demand zone
Liquidity sweep indicates strong hands accumulating
Disclaimer: DYOR – Not financial advice. Manage risk. Trade smart.