I am watching one of the most violent short squeezes form on $SAGA , and the majority of the market is completely offside.

Price is up 30%, yet shorts hold $1.85M against a mere $302K in longs. The L/S ratio is a dismal 16.26%. These short whales are deeply underwater from an average entry of 0.0219. They are trapped liquidity. If we maintain volume acceptance above 0.0245, forced liquidations will cascade price significantly higher. If 0.0245 fails, expect a brief consolidation before another attempt at their stops.

My trade plan:

Entry Idea: 0.0248

TP: 0.0285

SL: 0.0238

Invalidation: H4 close below 0.0240