$1000RATS Short Liquidation: $6.7725K at $0.03876
A $6.77K short liquidation at $0.03876 signals failed bearish pressure, leaving trapped sellers who may cover on dips. This creates short-term demand as pullbacks attract buying from exiting short positions.
Next Move
Holding above $0.03852–$0.03889 keeps shorts trapped and supports upward continuation as they unwind on minor dips.
Targets — Bullish Follow-Through
TG1: $0.03921
TG2: $0.03964
TG3: $0.04013
Pro Tip
Do not buy the breakout candle. Wait for a pullback into $0.03852–$0.03889 and only take the continuation if price holds that zone, confirming trapped sellers with controlled risk.
