$H — Longs flushed as volatility spikes.
Long $H
Entry: 0.1930 – 0.2000
SL: 0.1850
TP1: 0.2100
TP2: 0.2250
TP3: 0.2500
A notable $4.03K long liquidation just hit H at $0.19755, forcing leveraged bulls out of the market and triggering a sharp liquidity sweep. The move has increased short-term volatility while clearing excess leverage, creating a cleaner structure for the next potential move.
Price is now testing a key support region where buyers may begin defending the broader trend. Liquidation-driven selloffs often flush weak hands from the market, creating healthier conditions for a recovery once selling pressure begins to fade.
If H holds the 0.1930–0.2000 support zone and reclaims 0.2100 resistance, momentum could quickly shift back toward the bulls. With leverage reset and downside pressure cooling, the setup remains favorable for a rebound toward higher targets as confidence gradually returns to the market.
