The $5.02K short liquidation near $0.01806 indicates that shorts were squeezed around this level. After such a liquidity event, rejection from resistance can create a short opportunity if buying momentum fades.
🔴 Direction: Short
Entry Zone: $0.01800–$0.01830
Stop-Loss: $0.01875
TP1: $0.01745
TP2: $0.01690
TP3: $0.01630
The setup depends on price failing to hold above $0.0183. A bearish rejection with declining volume would strengthen the downside case, while a sustained breakout would invalidate the idea.
Invalidation: A decisive close above $0.01875 cancels the short setup.
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