I’m seeing short sellers get flushed around $1.171, and price stayed supported instead of slipping after that event. That reaction suggests supply was absorbed while buyers defended the level.
Price is holding above $1.17, keeping the structure constructive. Upside momentum is improving as liquidation removes downside pressure. Liquidity rests near $1.26 and $1.36, which can attract further continuation.
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 sellers get flushed around $1.171, and price stayed supported instead of slipping after that event. That reaction suggests supply was absorbed while buyers defended the level.
EP: $1.188
TP1: $1.235
TP2: $1.308
TP3: $1.420
SL: $1.125
Price is holding above $1.17, keeping the structure constructive.
Upside momentum is improving as liquidation removes downside pressure.
Liquidity rests near $1.26 and $1.36, which can attract further continuation.
$NEAR