A $4.88K LONG liquidation just hit $BOB at $0.01018, flushing leveraged long positions and resetting short-term market structure. Liquidations of this size often clear weak hands and open a volatility window as price searches for its next direction.
With leverage removed, $BOB is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $BOB could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.00995 – 0.01035
TP1: 0.0112
TP2: 0.0126
TP3: 0.0148
SL: 0.0094
Post-liquidation moves can be sharp — let price action confirm direction.
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