$XNY SHORTS JUST GOT SQUEEZED 👀
This time bears were trapped. A $7.12K short liquidation hit $XNY at $0.00833, meaning price pushed hard enough to force leveraged sellers out. Now the question is whether buyers can turn that squeeze into continuation.
Setup — LONG Entry: $0.00825–$0.00835
TP1: $0.00855
TP2: $0.00880
TP3: $0.00910
SL: $0.00805
Analysis: Holding above $0.00825 keeps the bullish idea alive. Falling back below $0.00805 would make the squeeze look temporary.
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