👉 Shorts entered too early 👉 Breakout forced liquidations 👉 Liquidations = market buys 👉 Price accelerates higher
= Classic short squeeze
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⚠️ Areas of Interest
• 0.66 – 0.70 → Rejection / exhaustion zone • 0.55 – 0.56 → First support (recent breakout) • 0.38 – 0.40 → Mid-structure support • 0.23 – 0.25 → Base reclaim zone
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👀 What to Observe
• Does price hold above 0.55? → strength • Does momentum slow at highs? → possible reversal • Is volume decreasing? → exhaustion signal • Clean pullback + hold → continuation setup • Sharp rejection → squeeze unwind
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🧠 Lesson
👉 Don’t short strength 👉 Don’t chase extremes 👉 Trade structure, not emotion