I’m spotting short interest getting erased around $1.72353, and price stayed elevated instead of rolling over. That behavior points to sell-side attempts losing grip while demand absorbed the move.
Price is maintaining strength above the $1.72 reaction band, preserving a constructive structure. Upside acceleration is forming as forced exits remove selling friction from the path. Liquidity is gathered above $1.85 and $1.98, which often attracts price higher if participation remains active.
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I’m spotting short interest getting erased around $1.72353, and price stayed elevated instead of rolling over. That behavior points to sell-side attempts losing grip while demand absorbed the move.
EP (Entry Price): $1.7415
TP1: $1.8120
TP2: $1.9185
TP3: $2.0900
SL (Stop Loss): $1.6580
Price is maintaining strength above the $1.72 reaction band, preserving a constructive structure.
Upside acceleration is forming as forced exits remove selling friction from the path.
Liquidity is gathered above $1.85 and $1.98, which often attracts price higher if participation remains active.
$ZRO