$H experienced long liquidations around 0.13854, indicating bullish exhaustion and weak follow-through. I’m anticipating either consolidation or a gradual move lower as liquidity resets. My entry is positioned near resistance formed after the liquidation event. Targets focus on nearby support zones where buyers may attempt a defense. Stop loss is placed above the liquidation high to invalidate the bearish idea. This setup works because failed long positions often leave overhead supply, and price tends to revisit lower demand areas before any sustainable recovery.
HUSDT
Perp
0.16209
+18.28%
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