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$INIT (Short Liquidation)
🟢 Short Liquidation: $5.0176K at $0.12324
🎯 Targets
TG1: $0.14 — quick scalp target
TG2: $0.18 — strong recovery zone
TG3: $0.30 — breakout play target
📈 Market insight Shorts flushed with a ~$5K liquidation at $0.123 low price + forced covering creates chop but also clean setups. Watch orderbook shallow liquidity can accelerate pumps. Momentum likely to push toward nearby resistance zones quickly.
🎯 Next move
1. Entry: on dip to $0.125–$0.13 with bullish confirmation candle.
2. If price rips: scale out at TG1 and re-evaluate at TG2. Use staggered exits.
3. If fails: cut fast avoid bagholding.
⏳ Timeframe: 5m–1H for active traders; up to 2 weeks for swing.
⚠️ Risk rules: SL 6–9% below entry or under $0.115. Keep small size.
#INIT
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$INIT