🟢 VIP Market Alert | Short Liquidation Detected
A short liquidation worth $1.08K around $0.63448 suggests bears were forced to exit as buyers regained short-term control. While the liquidation size is modest, it can still provide momentum if follow-through volume increases. Price is attempting to stabilize above key demand, making this a level worth monitoring rather than chasing.
Support: $0.6200–$0.6260
Resistance: $0.6450–$0.6550
A confirmed breakout above resistance could open the path toward $0.6700, with $0.6900 becoming the next upside target if momentum strengthens. Failure to hold support may trigger another retest of lower liquidity zones. Wait for confirmation, manage risk carefully, and avoid overleveraging in volatile conditions.
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