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I’m seeing a heavy short liquidation around $580.70, and price held strong instead of rejecting that level. That kind of reaction usually signals sellers were overwhelmed and buyers absorbed the pressure.
EP: $588
TP1: $612
TP2: $648
TP3: $705
SL: $556
Price is sustaining above $580, keeping the broader structure constructive.
Upside momentum is accelerating after the large liquidation removed sell-side weight.
Liquidity is positioned near $630 and $690, which can attract further continuation.
$BCH