$BIGTIME JUST GOT SHAKEN
A massive long liquidation of $9,648.60 just hit at $0.06990 – a clear sign that leveraged longs are getting flushed out. Weak hands are being eliminated, and the battlefield is clearing for the next move.
What’s Happening?
This kind of liquidation is not just a number – it’s a market signal. When longs get wiped at this level, it usually means either:
The whales are hunting stops to accumulate at lower levels, or
A short-term bearish flush before a strong bounce.
Technical Analysis
Let’s break down the trade setup:
Current Price Zone: Around $0.06990
This area has now become psychological resistance unless reclaimed quickly.
Buy Zone:
Primary Buy Zone: $0.0655 – $0.0670
Strong confluence zone from previous demand and liquidation sweep.
Targets:
Target 1: $0.0735
(First resistance from previous range breakdown)
Target 2: $0.0778
(Major resistance before the dump)
Target 3: $0.0825
(Final take-profit zone for short-term swing)
Stop Loss:
Hard Stop: Below $0.0642
If price breaks below this, it likely invalidates the bounce setup.
Final Thoughts
This is a high-risk, high-reward zone. Smart money often steps in right after liquidations, especially when sentiment flips bearish. Keep eyes on volume and reaction near $0.0670 – that will tell the real story.
