$ME
A $2.043K short liquidation at $0.1912 indicates that sellers were squeezed, suggesting upward pressure in the short term. This type of liquidation often fuels continuation if price holds above the breakout level.
Market Structure & Liquidity: The short squeeze at $0.1912 shows aggressive buying into resistance. If price consolidates above this level, it turns into support. Structure is shifting from compression to breakout. Upside liquidity above recent highs remains open.
Bias: Bullish continuation above $0.1912.
EP (Entry Price): $0.1920 – $0.1950
TP1: $0.2050
TP2: $0.2180
TP3: $0.2300
SL: $0.1830
Trend strength is building as price forces shorts out of position.
Momentum has shifted bullish with breakout structure holding above liquidation level.
Liquidity above $0.2050 and $0.2180 makes upside expansion probable.
