$YGG Short Liquidation: $1.6039K at $0.06847
Short sellers on $YGG were forced to exit as price pushed higher, triggering a clean short liquidation. Bears failed to defend the level, and forced buying added momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $1.6039K
Liquidation Price: $0.06847
EP: $0.06780
TP: $0.07000 → $0.07300
SL: $0.06650
Market Outlook:
This short liquidation confirms buyers defending the lower range and shifting momentum against shorts. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but structure currently favors the bulls.
Pro Tip: After shorts are liquidated, wait for a pullback into support. Calm entries beat chasing fast moves every time.
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