I’m seeing a large short liquidation near $0.005905, and price remained supported instead of rejecting that level. That reaction indicates strong buy-side absorption after the squeeze.
Price is holding above $0.00590, keeping the structure constructive. Upward continuation strengthens as liquidation removes selling pressure. Liquidity is positioned near $0.00650 and $0.00720, which can attract further upside movement.
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$SHIB
I’m seeing a large short liquidation near $0.005905, and price remained supported instead of rejecting that level. That reaction indicates strong buy-side absorption after the squeeze.
EP: $0.00602
TP1: $0.00635
TP2: $0.00688
TP3: $0.00755
SL: $0.00562
Price is holding above $0.00590, keeping the structure constructive.
Upward continuation strengthens as liquidation removes selling pressure.
Liquidity is positioned near $0.00650 and $0.00720, which can attract further upside movement.
$SHIB