
$DOT triggered a notable short liquidation event, forcing bearish traders to cover positions as price pushed higher and bullish momentum accelerated.
The liquidation-driven breakout has strengthened buyer control and signals growing demand around the current trading range.
EP
0.990 - 1.010
TP
TP1 1.040
TP2 1.080
TP3 1.140
SL
0.960
Liquidity was taken above recent highs, clearing short positions and generating additional buy-side pressure.
The recent squeeze confirms strong demand, while the removal of bearish leverage creates favorable conditions for further upside expansion.
As long as price remains above the reclaimed support zone, the bullish structure stays intact and favors continuation toward higher resistance levels.
A decisive break above 1.040 could attract fresh momentum traders and trigger a move toward the next liquidity targets.
The short squeeze has shifted sentiment firmly in favor of the bulls, putting $DOT among the stronger momentum setups currently on traders' watchlists.
Let’s go $DOT
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