$ACE Short Liquidation Update
Short positions totaling $1.4356K were liquidated at $0.30202, indicating rising buy-side pressure and forcing bearish exits.
Market Structure
Price is holding above the liquidation zone, showing acceptance at higher levels. This behavior supports a bullish continuation setup if momentum remains intact.
Key Levels
Support: $0.300 – $0.292
Resistance: $0.315 → $0.332
Bullish Trade Setup
Entry: Break and hold above $0.315, or a pullback that holds $0.300
Targets:
TP1: $0.332
TP2: $0.358
Stop Loss: Below $0.288
Market Sentiment
The short squeeze has shifted control to buyers. With sellers cleared and structure holding, pullbacks are likely to be absorbed rather than sold.
Bullish bias remains active while price stays above support and volume confirms continuation.
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