$BULLA
Long liquidation at $0.02724 confirms that price flushed leveraged buyers, sweeping downside liquidity. That event aligns with a broader weakening structure.
Price remains under a descending trendline on the 4H timeframe with consistent lower highs. The rejection from $0.03000 followed by a breakdown below $0.02800 confirms bearish control. Liquidity rests below $0.02600 and $0.02350.
Immediate resistance is $0.02850. Major resistance remains at $0.03000.
EP: $0.02780–$0.02850
TP1: $0.02600
TP2: $0.02350
TP3: $0.02100
SL: $0.03050
Trend strength is bearish with sustained lower high structure.
Momentum favors sellers as long liquidation confirms weak upside participation.
Failure to reclaim $0.02850 keeps downside liquidity below $0.02600 as the dominant objective.
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