The cumulative short liquidation zone suggests trapped sellers could fuel a squeeze upward. For entry, focus on the specified ranges in the chart (around 0.028), which offer optimal buy opportunities near support.
Targets aim for 150-200% gains, with stop loss below the higher low to protect capital—these ranges are ideal for precise risk management.
⚠️Note: This signal is for spot trading only. A break above resistance with volume could ignite this move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.