Zobi khanA $1.9649K short liquidation at $0.04812 indicates bearish traders were squeezed as price moved higher. Short liquidations can fuel momentum when buyers remain in control.
Support: $0.0470–0.0475
Resistance: $0.0495–0.0505
Next Target: $0.0520 if bullish pressure continues.
A successful hold above support would reinforce the breakout structure. Keep an eye on volume, as continued buying could extend the move toward the next resistance zone.
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