BIG SHAKEOUT in $SHELL
$1.2K+ LONGS LIQUIDATED at $0.2127 — Smart Money just flushed the weak hands!
While retail traders panic… whales are preparing their next move.
This massive long liquidation signals a potential reversal zone or an entry point before the next leg up.
Let’s Break It Down:
Buy Zone:
$0.2070 – $0.2150 → Liquidity sweep zone, perfect for entries if volume starts building back up.
Target Levels:
Target 1: $0.2450 (Previous support flip to resistance)
Target 2: $0.2780 (Major breakout zone)
Target 3: $0.3150+ (Momentum extension if bulls take control)
Stop-Loss:
Below $0.1985 (Under key demand and last liquidation zone)
Strategy:
This was a classic long squeeze to trap early bulls and reload lower. If price reclaims $0.2180+ with volume, it could explode quickly.
TAKEAWAY:
Whales hunt stops before they pump. This flush could be the golden entry before the real rally. Don’t chase — position smart. Eyes on volume and reaction near $0.2127.