This hit shows longs were overconfident above $0.0037… and the market punished it.
Not huge size, but it reveals weak hands getting cleared — which often happens before a real move.
Right now, this looks like downside pressure still in control unless buyers step back in fast.
Trade Setup (Quick Reaction):
Entry (EP): $0.00365 – $0.00375 (on weak bounce)
Stop Loss (SL): $0.00390
Take Profit (TP):
TP1: $0.00350
TP2: $0.00330
TP3: $0.00310
Read the move:
Rejection near $0.0038 = sellers still strong
Break below $0.0036 = continuation likely
Reclaim $0.0039 = trap → bias invalid
This isn’t just a drop… it’s a warning that upside was crowded.
#Liquidation #PriceAction #CryptoMarket #TechnicalAnalysis #SmartMoney $FIGHT
BTC
75,978.15
+0.05%
FIGHTUSDT
Perp
0.00442
+18.02%