I’m seeing short positions get cleared around $0.20421, and price held steady instead of sliding lower. That reaction shows sell-side pressure lost control while buyers absorbed liquidity at the level.
Price is sustaining above the $0.204 reaction zone, keeping the structure constructive and intact. Upward continuation is developing as liquidation activity removes downside weight from the move. Liquidity is positioned above $0.221 and $0.238, which often attracts 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 positions get cleared around $0.20421, and price held steady instead of sliding lower. That reaction shows sell-side pressure lost control while buyers absorbed liquidity at the level.
EP (Entry Price): $0.2078
TP1: $0.2165
TP2: $0.2298
TP3: $0.2490
SL (Stop Loss): $0.1956
Price is sustaining above the $0.204 reaction zone, keeping the structure constructive and intact.
Upward continuation is developing as liquidation activity removes downside weight from the move.
Liquidity is positioned above $0.221 and $0.238, which often attracts price higher if participation remains active.
$ELSA