$BR
Multiple long liquidations clustered near $0.1175 confirm downside pressure and weak long positioning. The market forced longs out at the same level twice, showing that support failed and liquidity has been claimed. This typically signals continuation rather than reversal unless structure is reclaimed.
Trend Analysis: Persistent lower highs and breakdown below support confirm bearish continuation structure.
Momentum: Liquidation-driven selling indicates momentum expansion phase rather than exhaustion. Buyers are not showing strong absorption yet.
Liquidity Zones: Next liquidity pocket sits below $0.115 followed by a deeper pool near $0.110. Upside liquidity above $0.122 remains protected by sellers.
Key Levels: Resistance: $0.121 – $0.123
Support: $0.115 → $0.110
EP (Entry Price): $0.118 – $0.120
TP1: $0.115
TP2: $0.112
TP3: $0.108
SL: $0.124
Current trend strength favors sellers as breakdown confirms structural weakness. Momentum remains bearish following repeated long liquidations at identical levels. Price is likely to seek lower liquidity zones where stop clusters remain uncollected.
#BTCETFFeeRace #TrumpSeeksQuickEndToIranWar #CLARITYActHitAnotherRoadblock #OilPricesDrop #TrumpSaysIranWarHasBeenWon