$WIF Short Liquidation Update
Short positions totaling $1.3428K were liquidated at $0.37543, signaling rising buy pressure and forcing sellers to cover.
Market Structure
Price is holding above the liquidation level, showing acceptance at higher prices. This supports a bullish continuation scenario if momentum sustains.
Key Levels
Support: $0.372 – $0.360
Resistance: $0.388 → $0.410
Bullish Trade Setup
Entry: Break and hold above $0.388, or a controlled pullback holding above $0.372
Targets:
TP1: $0.410
TP2: $0.438
Stop Loss: Below $0.355
Market Sentiment
The short squeeze shifted control toward buyers. With sellers cleared and structure intact, pullbacks are likely to be absorbed, favoring upside continuation.
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