$TRADOOR is showing a long liquidation event, with $1.81K in longs liquidated around 0.80104. This indicates a downward move that forced leveraged buyers out of their positions, adding short-term selling pressure.
The size is moderate, not insignificant, but still not large enough to define a strong directional trend on its own. It suggests a targeted flush of long positions, which can either lead to continuation or stabilize once weaker hands are cleared.
In lower to mid-liquidity environments, events like this can have a slightly stronger impact compared to large-cap assets, but confirmation is still essential. Without follow-up liquidations, the move may lose momentum quickly.
At this stage, it reflects short-term bearish pressure, but remains incomplete without continuation.
Market Bias: Slightly Bearish
Entry (Short):
Consider only if further downside continuation or additional long liquidations appear
Targets (TP):
TP1: 0.7700
TP2: 0.7350
TP3: 0.6900
Stop Loss (SL):
Above 0.8350 (invalidates bearish continuation)
Risk Management:
Use smaller position sizes, avoid chasing the initial move, and wait for confirmation before entering
