I’m seeing a heavy batch of short positions get cleared near $0.00874, and price held its ground instead of slipping afterward. The reaction feels firm, showing sell pressure was absorbed while buyers stepped in decisively.
Price is maintaining acceptance above the $0.0087 reaction zone, keeping the structure intact and supported. Upward continuation is strengthening as liquidation activity removes downside weight from the range. Liquidity is stacked above $0.0096 and $0.0107, which often draws price higher if participation 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 a heavy batch of short positions get cleared near $0.00874, and price held its ground instead of slipping afterward. The reaction feels firm, showing sell pressure was absorbed while buyers stepped in decisively.
EP (Entry Price): $0.00888
TP1: $0.00935
TP2: $0.01010
TP3: $0.01125
SL (Stop Loss): $0.00825
Price is maintaining acceptance above the $0.0087 reaction zone, keeping the structure intact and supported.
Upward continuation is strengthening as liquidation activity removes downside weight from the range.
Liquidity is stacked above $0.0096 and $0.0107, which often draws price higher if participation remains active.
$GPS