$CHILLGUY Short Liquidation: $3.1912K at $0.01623
Short sellers on $CHILLGUY 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: $3.1912K
Liquidation Price: $0.01623
EP: $0.01600
TP: $0.01680 → $0.01750
SL: $0.01560
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 get wiped, wait for a pullback into support. Calm entries beat chasing fast candles every time.
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