I’m seeing a large short position get liquidated around $4.406, and price didn’t hesitate or fade after that event. That response usually reflects late sellers getting trapped while demand absorbs liquidity decisively.
Price is holding firmly above the $4.40 reaction zone, keeping the structure constructive rather than fragile. Momentum is accelerating as forced liquidations remove heavy sell-side pressure from the move. Liquidity is concentrated above $4.90 and $5.40, which often pulls price higher if buyers remain in control.
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I’m seeing a large short position get liquidated around $4.406, and price didn’t hesitate or fade after that event. That response usually reflects late sellers getting trapped while demand absorbs liquidity decisively.
EP (Entry Price): $4.46
TP1: $4.78
TP2: $5.22
TP3: $5.85
SL (Stop Loss): $4.15
Price is holding firmly above the $4.40 reaction zone, keeping the structure constructive rather than fragile.
Momentum is accelerating as forced liquidations remove heavy sell-side pressure from the move.
Liquidity is concentrated above $4.90 and $5.40, which often pulls price higher if buyers remain in control.
$ICP