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I’m seeing short positions get flushed near $2.04909, and price stayed elevated instead of rolling over. That response shows downside attempts were capped while demand absorbed the pressure.
EP (Entry Price): $2.075
TP1: $2.185
TP2: $2.340
TP3: $2.585
SL (Stop Loss): $1.965
Price is holding above the $2.04 reaction zone, keeping the structure orderly and supported.
Upside drive is increasing as liquidation activity removes selling friction from the move.
Liquidity is clustered above $2.20 and $2.45, which often attracts price higher if participation remains active.
$PENDLE