$PYTH Short Liquidation: $14.524K at $0.06548
Short sellers were aggressively squeezed as PYTH pushed above the $0.0655 level, invalidating bearish positioning built around a well-defended compression range. The move showed strong continuation with minimal rejection, indicating shorts were forced to cover into sustained buying pressure rather than a brief liquidity sweep.
Entry (EP): $0.06490
Take Profit (TP): $0.07180
Stop Loss (SL): $0.06340
Market Outlook:
$PYTH is holding a constructive short-term bullish posture after reclaiming this liquidation zone. As long as price remains above the $0.0649–$0.0655 support area, upside continuation toward higher resistance remains likely. Momentum is strong but volatility remains elevated strict risk management is essential.
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