Short sellers were squeezed near $0.01028 and price stayed firm rather than dipping afterward. The reaction indicates supply was absorbed while demand held the zone.
Price is maintaining strength above $0.0103, keeping the structure supportive. Upward continuation is developing as liquidation removes downside pressure. Liquidity rests near $0.0114 and $0.0125, which can attract further upside.
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.
Short sellers were squeezed near $0.01028 and price stayed firm rather than dipping afterward. The reaction indicates supply was absorbed while demand held the zone.
EP: $0.01045
TP1: $0.01098
TP2: $0.01185
TP3: $0.01310
SL: $0.00972
Price is maintaining strength above $0.0103, keeping the structure supportive.
Upward continuation is developing as liquidation removes downside pressure.
Liquidity rests near $0.0114 and $0.0125, which can attract further upside.
$SPACE