I’m seeing short positions get cleared near $0.05458, and price stayed steady instead of breaking lower. The reaction suggests sell-side pressure was absorbed while buyers defended the level.
Price is holding above the $0.0545 reaction zone, keeping the structure orderly and supported. Upward momentum is forming as liquidation activity reduces downside pressure and allows continuation. Liquidity is positioned above $0.059 and $0.064, which often draws price higher if participation remains active.
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I’m seeing short positions get cleared near $0.05458, and price stayed steady instead of breaking lower. The reaction suggests sell-side pressure was absorbed while buyers defended the level.
EP (Entry Price): $0.05530
TP1: $0.05790
TP2: $0.06180
TP3: $0.06740
SL (Stop Loss): $0.05190
Price is holding above the $0.0545 reaction zone, keeping the structure orderly and supported.
Upward momentum is forming as liquidation activity reduces downside pressure and allows continuation.
Liquidity is positioned above $0.059 and $0.064, which often draws price higher if participation remains active.
$CHZ