# ElSalvadorBTCReserve

$USUAL A short liquidation of $5.0171K at $1.47259 indicates a critical movement in the market. This means some traders betting on a price drop were forced to close their positions due to upward momentum. Such events often lead to price volatility and can signal a possible trend reversal or continuation.
Key Levels to Watch.
1. Buy Zone.
Range: $1.4000 to $1.4700
This range is a strong support area where buyers might step in if the price retraces. Wait for confirmation signals, like price consolidation or bullish candlesticks, before entering a position.
2. Target Levels.
Target 1: $1.5200