$C
Short liquidations around $0.07971 indicate the market forced bearish positions out while price was pushing upward. This usually confirms that the path of least resistance is shifting higher. Price is currently holding above the recent breakout structure, which strengthens the bullish continuation setup.
EP: $0.0788 – $0.0799
TP1: $0.0835
TP2: $0.0870
TP3: $0.0915
SL: $0.0769
Trend structure shows a clear higher-high formation on the short timeframe while maintaining support from the prior accumulation zone.
Momentum remains bullish as the market continues absorbing sell orders without losing structure.
Liquidity above $0.083 and $0.087 is likely to be targeted next as trapped shorts exit positions.
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