$BSB triggered a significant short liquidation event, forcing bearish traders to cover positions as price continued breaking into higher territory.
The liquidation-driven surge has reinforced bullish momentum and confirms strong buyer dominance across the current market structure.
EP
0.5080 - 0.5180
TP
TP1 0.5400
TP2 0.5800
TP3 0.6500
SL
0.4900
Liquidity was taken above recent highs, clearing a large cluster of short positions and creating additional buy-side pressure.
The strength of this squeeze suggests sellers are being forced out aggressively, while buyers continue to absorb supply and defend higher levels.
As long as price remains above the breakout zone, the trend structure favors continuation toward higher resistance areas.
A decisive move above 0.5400 could attract fresh momentum capital and trigger another expansion phase toward the next liquidity targets.
The size of this liquidation highlights the intensity of the current rally, and $BSB continues to stand out as one of the strongest performers in the market.
Let’s go $BSB
