A $3.35K LONG liquidation just hit $H at $0.24461, flushing a solid cluster of leveraged long positions and resetting short-term market structure. Liquidations of this size often act as a liquidity sweep, clearing weak hands and opening a volatility window.
With leverage removed, $H is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $H could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.241 – 0.248
TP1: 0.262
TP2: 0.285
TP3: 0.325
SL: 0.232
Post-liquidation moves can be sharp — let price action confirm direction.
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