I’m seeing short exposure get removed around $0.54981, and price stayed supported rather than fading after the sweep. The response looks firm, suggesting supply was absorbed while buyers kept control.
Price is sustaining above the $0.55 reaction zone, preserving a constructive structure. Upside follow through is strengthening as liquidation activity clears downward pressure. Liquidity is aligned above $0.590 and $0.640, 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 short exposure get removed around $0.54981, and price stayed supported rather than fading after the sweep. The response looks firm, suggesting supply was absorbed while buyers kept control.
EP (Entry Price): $0.556
TP1: $0.579
TP2: $0.615
TP3: $0.668
SL (Stop Loss): $0.523
Price is sustaining above the $0.55 reaction zone, preserving a constructive structure.
Upside follow through is strengthening as liquidation activity clears downward pressure.
Liquidity is aligned above $0.590 and $0.640, which often draws price higher if participation remains active.
$0G