The long liquidation around $0.00062 reflects a sharp downside sweep that flushed overleveraged buyers and reset short-term positioning. Price is now stabilizing near a strong demand pocket around $0.00059 where buyers have previously stepped in aggressively. Holding above this zone keeps rebound scenarios active with immediate resistance near $0.00066. A clean breakout above $0.00066 could open the path toward the next upside target around $0.00072 where selling pressure earlier increased. Selling momentum appears to be fading after the liquidation event, often signaling a potential short-term bottom. However, a breakdown below $0.00059 could trigger another liquidity grab toward $0.00055 before stronger demand returns. Overall structure leans toward corrective recovery after leverage reset. $B3
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$B3
The long liquidation around $0.00062 reflects a sharp downside sweep that flushed overleveraged buyers and reset short-term positioning. Price is now stabilizing near a strong demand pocket around $0.00059 where buyers have previously stepped in aggressively. Holding above this zone keeps rebound scenarios active with immediate resistance near $0.00066. A clean breakout above $0.00066 could open the path toward the next upside target around $0.00072 where selling pressure earlier increased. Selling momentum appears to be fading after the liquidation event, often signaling a potential short-term bottom. However, a breakdown below $0.00059 could trigger another liquidity grab toward $0.00055 before stronger demand returns. Overall structure leans toward corrective recovery after leverage reset. $B3