I’m seeing short positions get cleared around $1.80552, and price stayed elevated instead of retracing after that squeeze. That reaction shows sellers were absorbed while buyers maintained control.
Price is sustaining above $1.80, preserving a constructive structure. Upside continuation is strengthening as liquidation removes downside pressure. Liquidity rests near $1.98 and $2.15, which can attract further expansion.
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 positions get cleared around $1.80552, and price stayed elevated instead of retracing after that squeeze. That reaction shows sellers were absorbed while buyers maintained control.
EP: $1.84
TP1: $1.92
TP2: $2.05
TP3: $2.22
SL: $1.72
Price is sustaining above $1.80, preserving a constructive structure.
Upside continuation is strengthening as liquidation removes downside pressure.
Liquidity rests near $1.98 and $2.15, which can attract further expansion.
$POWER