I’m seeing short positions get unwound near $0.01769, and price stayed steady instead of pressing lower. That response suggests selling attempts were contained while buyers absorbed the available supply.
Price is maintaining acceptance above the $0.0176 reaction band, keeping the structure orderly and supported. Upward pressure is forming as liquidation activity reduces sell-side influence and allows expansion. Liquidity is positioned above $0.0192 and $0.0213, 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 unwound near $0.01769, and price stayed steady instead of pressing lower. That response suggests selling attempts were contained while buyers absorbed the available supply.
EP (Entry Price): $0.01792
TP1: $0.01885
TP2: $0.02025
TP3: $0.02240
SL (Stop Loss): $0.01685
Price is maintaining acceptance above the $0.0176 reaction band, keeping the structure orderly and supported.
Upward pressure is forming as liquidation activity reduces sell-side influence and allows expansion.
Liquidity is positioned above $0.0192 and $0.0213, which often draws price higher if participation remains active.
$GMT