Why $PTB Is Moving Up
PTB’s recent upside move is driven by market liquidity dynamics rather than randomness. A noticeable long liquidation near $0.00351 cleared out over-leveraged positions and removed downside pressure. Once this liquidity was taken, sellers lost momentum and price found room to reverse.
PTB also reacted strongly from a well-defined support zone, where buyers have previously stepped in. The move below support acted as a liquidity sweep, not a real breakdown. When price fails to continue lower after such a sweep, it often signals buyer absorption and accumulation.
From a market structure point of view, PTB started holding its lows after the liquidation event. Early stabilization and higher lows on lower timeframes indicate a shift toward bullish control. As downside momentum stalled, some short positions began closing, adding short-covering pressure that helped push price higher.
Trade Setup (Long)
Entry Zone: $0.00355 – $0.00365
Target 1: $0.00385
Target 2: $0.00410
Target 3: $0.00445
Stop Loss: $0.00338
Risk-to-Reward: Favorable, as entry is close to support and invalidation is clearly defined.
Conclusion
$PTB is moving up because downside liquidity has already been cleared, selling pressure has weakened, and buyers are regaining control near a key support area. As long as price holds above the invalidation level, the bullish structure remains intact.
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