$DRIFT Long Liquidation Alert

A long liquidation of $7,270.1 occurred at $1.35158, indicating heightened selling pressure.

This suggests bears are gaining momentum in the market.

Key Levels to Monitor:

• Support: $1.3000

• Resistance: $1.4000

• Sell Entry: Near $1.3600 to $1.3700 (if price fails to reclaim resistance).

• Buy Zone: Around $1.3100 to $1.3200 (only if support holds strong).

• Target: For a rebound, aim for $1.3900; for continuation, watch $1.2800.

Next Move Analysis:

The significant liquidation signals weak bullish momentum.

If the price breaks below $1.3000, further downside is likely.

However, a recovery above $1.3700 could indicate renewed buyer interest.

Be cautious and align your trades with market direction!

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