I was tracking $SSV as downside pressure built with late longs leaning into a weakening structure, and this long liquidation confirms that pressure released downward. That move wasn’t panic — it was excess leverage getting flushed as structure enforced itself. After the sweep, price is struggling to reclaim prior support, showing sellers remain in control. This is why liquidation should be treated as fuel, not fear.
EP: 4.10 – 4.075
TP: 3.95 → 3.80 → 3.60
SL: 4.18
Condition: SSV must stay below 4.10 to maintain bearish structure.
Confirmation: For confirmation, wait for rejection below 3.95.
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