I’m seeing a liquidated short around $603.20, and price did not lose traction after that forced exit. The response looks controlled, showing sell pressure was removed while buyers stayed engaged.
Price is holding above the $600 reaction zone, keeping the structure constructive rather than weak. Upward continuation is strengthening as liquidation flow clears downside resistance. Liquidity is positioned above $650 and $690, which often draws price higher if participation remains active.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I’m seeing a liquidated short around $603.20, and price did not lose traction after that forced exit. The response looks controlled, showing sell pressure was removed while buyers stayed engaged.
EP (Entry Price): $610.5
TP1: $636.0
TP2: $672.5
TP3: $720.0
SL (Stop Loss): $575.0
Price is holding above the $600 reaction zone, keeping the structure constructive rather than weak.
Upward continuation is strengthening as liquidation flow clears downside resistance.
Liquidity is positioned above $650 and $690, which often draws price higher if participation remains active.
$BCH