$FOR LKLongs Caught at Elevated Levels

Liquidation: $1.1005K at $4.86734

Current Zone: $4.85 area

This liquidation occurred near a stretched zone, where upside required fresh demand that never arrived.

Support: $4.60 → $4.40

Resistance: $5.05

Sentiment: Bearish short-term

Next Move: Failure to reclaim $5.00 keeps pressure toward $4.60. A clean reclaim above $5.05 is required for trend repair.

Pro Tip: When longs get liquidated near highs, the market is reminding you that patience is cheaper than leverage.