Market View: The flush has cooled bullish pressure. If price holds above $0.0288, a relief push toward the $0.031 zone is likely. Losing support could open the door for another liquidity drop.
Next Move: Holding above $0.485 may trigger a short-term rebound. Watch for a clean break over $0.505 to confirm a recovery; a drop below $0.480 could invite another leg down.
A $1.12K short squeeze at $5.90 pushed price out of its micro-range, showing fresh buyer interest and a short-term strength shift.
Levels
Support: $5.60 – $5.70
Resistance: $6.10 – $6.30
Setup
Buy Entry: $5.75 – $5.90 on dip or hold above $6.00
Sell/TP: $6.20 – $6.35
Stop: $5.45
Next Move: Stability above $5.70 keeps upside pressure intact. A clean break over $6.30 could accelerate momentum, while losing support may pull price back into consolidation.
A $1.62K short squeeze at $1.726 sparked a sharp push, hinting at momentum shifting as sellers were forced out and price reclaimed the intraday range.
Key Zones
Support: $1.66 – $1.68
Resistance: $1.78 – $1.82
Trade Idea
Buy Entry: $1.69 – $1.72 (pullback or hold above $1.72)
Sell/TP: $1.80 – $1.85
Stop: $1.62
Outlook Holding above $1.68 keeps the bullish structure intact. A decisive move through $1.82 could trigger continuation, while losing support may lead to a quick return to range-bound price action.
A $4.66K long wipeout at $0.00419 shows downside pressure as weak hands were flushed and price slipped back into a lower range.
Key Levels
Support: $0.00395 – $0.00400
Resistance: $0.00430 – $0.00445
Trade Setup
Sell Entry: $0.00425 – $0.00435 (rejection zone)
Buy Entry (counter): $0.00400 if strong bounce appears
Targets: $0.00395 → $0.00380
Stop: $0.00455
Next Move Failure to reclaim $0.00430 keeps sellers in control. Acceptance below $0.00400 may extend the decline, while a strong recovery above resistance could shift momentum back to accumulation.
With price struggling below the resistance zone after the flush, momentum favors a continuation toward lower liquidity unless buyers reclaim strength above $0.225.