A $3.85K short liquidation near $0.557 shows bears are being squeezed as buyers regain control. Price is holding above a key demand zone, and the recent liquidation suggests bullish momentum is strengthening. If volume continues to build, RE could extend its move toward higher resistance levels.
Direction: LONG
Entry Zone: 0.553–0.560
Support: 0.545
Resistance: 0.575
Take Profit: 0.590 | 0.610 | 0.635
Stop Loss: 0.539
As long as RE remains above the primary support, the bullish structure stays intact. A decisive breakout above 0.575 could trigger another wave of buying and open the path toward the next target at 0.660.
#BTC whale opens leveraged position #Nebius deploys Vera Rubin AI rack #AFX bridge exploit #CLARITY Act ethics provisions
