A fresh short liquidation around $0.2136 signals that bearish positions were squeezed as buyers stepped in with strength. This liquidity event often supports trend continuation when accompanied by rising volume and sustained demand. Holding above the current support zone keeps the bullish structure intact and increases the probability of another leg higher.
Support: $0.2100
Resistance: $0.2190
Next Target: $0.2280
A decisive breakout above resistance could trigger fresh buying momentum, while losing support would weaken the short-term bullish outlook.
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