A short liquidation near $0.07423 signals that bears were squeezed as buyers regained control. This often marks strengthening bullish momentum and can attract additional buying if price continues holding above key support.
📊 Support: $0.0730
📊 Resistance: $0.0755
🎯 Next Target: $0.0775–$0.0790
A decisive move above resistance could trigger another round of short covering and fuel a stronger rally. Stay focused on volume confirmation before entering.
