Massive Long Liquidation Detected at $0.4110 – Is $S About to Flip the Script?
A massive long liquidation of over $4,949 just hit $S at the critical $0.4110 zone, shaking out over-leveraged traders and triggering a brutal wick. This kind of liquidation often sets the stage for a high-volatility reversal or deep continuation move, depending on volume response and support reclaims.
Key Analysis:
🔍 Current Price Reaction:
Price was aggressively pushed down to the $0.4110 level, triggering liquidation. This area acted as short-term support before the flush, and now it’s a pivot zone to watch.
🔵 Buy Zone (Accumulation Range):
Primary Buy Range: $0.3980 – $0.4100
This is where demand is likely to step in again. The wick to $0.4110 indicates panic selling and weak-handed exits — a signal smart money often looks for.
High-Risk Entry (Scalpers): $0.3860
This level is deep support from prior structure and could be retested if sellers remain in control briefly.
🎯 Targets:
Target 1: $0.4325 – First resistance from previous consolidation
Target 2: $0.4580 – Liquidity pocket where last breakdown occurred
Target 3: $0.4890 – Gap fill zone and strong seller interest
If momentum builds and open interest rises again, the price could sweep those highs quickly.
🔻 Stop Loss:
Conservative SL: Below $0.3850
A clean break and close below this invalidates the long setup — it would signal weakness and possible further downside.
Final Thoughts:
The market just flushed out the weak hands. Now it’s time to observe. If $S reclaims $0.4150 with strong volume and builds a base, it could trigger a powerful relief rally. Watch the reaction closely — because when fear peaks, opportunity often knocks loudest.