EIGEN
⟐ SHORT LIQUIDITY SQUEEZE — THE NEXT MOVE NEEDS CONFIRMATION
Trade Direction: LONG
Entry Zone: $0.2470 – $0.2500
Stop Loss: $0.2420
TP1: $0.2550
TP2: $0.2610
TP3: $0.2690
Market Read:
Short liquidations reached $9.1087K around $0.2493. That level is worth watching, but forced short closures alone do not confirm a lasting bullish reversal. Buyers need to defend the entry area and push through nearby resistance.
Trigger: Look for a clean hold above $0.2500 before entering. A failed reclaim could send price back toward support.
Invalidation: A decisive move below $0.2420 cancels the bullish setup.
🧭 Let price confirm the squeeze before committing.
$EIGEN
⟐ SHORT LIQUIDITY SQUEEZE — THE NEXT MOVE NEEDS CONFIRMATION
Trade Direction: LONG
Entry Zone: $0.2470 – $0.2500
Stop Loss: $0.2420
TP1: $0.2550
TP2: $0.2610
TP3: $0.2690
Market Read:
Short liquidations reached $9.1087K around $0.2493. That level is worth watching, but forced short closures alone do not confirm a lasting bullish reversal. Buyers need to defend the entry area and push through nearby resistance.
Trigger: Look for a clean hold above $0.2500 before entering. A failed reclaim could send price back toward support.
Invalidation: A decisive move below $0.2420 cancels the bullish setup.
🧭 Let price confirm the squeeze before committing.
$EIGEN