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$BILL — Bulls flushed as liquidity gets swept.
Long $BILL
Entry: 0.0690 – 0.0710
SL: 0.0660
TP1: 0.0750
TP2: 0.0810
TP3: 0.0900
A fresh $1.23K long liquidation just hit BILL at $0.07054, forcing leveraged buyers out of the market and triggering a short-term liquidity sweep. The move has increased volatility while clearing excess leverage, creating a cleaner structure for the next directional move.
Price is now hovering around a key support zone where buyers may begin rebuilding positions. Despite the liquidation event, the broader setup remains recoverable as long as demand continues to absorb selling pressure near current levels.
If BILL holds the 0.0690–0.0710 support region and reclaims 0.0750 resistance, momentum could quickly shift back toward the bulls. With weak hands flushed out and leverage reset, the conditions remain favorable for a recovery toward higher targets as market confidence gradually improves.