I’m seeing short positions get removed around $0.01801, and price remained steady instead of slipping afterward. The response looks composed, showing selling pressure was absorbed while buyers defended the zone.
Price is holding above the $0.018 reaction area, keeping the structure intact and supported. Upward continuation is forming as liquidation activity reduces downside weight from the range. Liquidity is positioned above $0.0196 and $0.0215, which often draws 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 removed around $0.01801, and price remained steady instead of slipping afterward. The response looks composed, showing selling pressure was absorbed while buyers defended the zone.
EP (Entry Price): $0.01825
TP1: $0.01910
TP2: $0.02045
TP3: $0.02260
SL (Stop Loss): $0.01720
Price is holding above the $0.018 reaction area, keeping the structure intact and supported.
Upward continuation is forming as liquidation activity reduces downside weight from the range.
Liquidity is positioned above $0.0196 and $0.0215, which often draws price higher if participation remains active.
$STABLE