I’m seeing short exposure get unwound near $0.11558, and price stayed elevated rather than slipping back. The reaction looks orderly, pointing to sell-side pressure being absorbed as participation shifted upward.
Price is defending the $0.115 area, keeping the structure supported and intact. Upward continuation is forming as liquidation flow reduces downside drag and allows expansion. Liquidity is positioned above $0.124 and $0.136, which often draws price higher if engagement remains active.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I’m seeing short exposure get unwound near $0.11558, and price stayed elevated rather than slipping back. The reaction looks orderly, pointing to sell-side pressure being absorbed as participation shifted upward.
EP (Entry Price): $0.1171
TP1: $0.1218
TP2: $0.1296
TP3: $0.1415
SL (Stop Loss): $0.1099
Price is defending the $0.115 area, keeping the structure supported and intact.
Upward continuation is forming as liquidation flow reduces downside drag and allows expansion.
Liquidity is positioned above $0.124 and $0.136, which often draws price higher if engagement remains active.
$TRUST