$SEI Short Liquidation: $6.45K at $0.1402
Explanation
A $6.45K short liquidation at $0.1402 shows sellers failed to push price lower and were forced to exit at a loss. Their forced closures act as buy orders, helping price lift upward and giving bulls stronger momentum.
Next Move
Holding above $0.1394–$0.1403 keeps shorts trapped, allowing buyers to squeeze more positions as they cover losses on every pullback.
Targets – Bullish Continuation
TG1: $0.1421
TG2: $0.1443
TG3: $0.1476
Pro Tip
Avoid market buying during the squeeze. Wait for a clean retest of $0.1394–$0.1403 and only enter if it bounces with clear buying strength. This reduces risk and prevents getting trapped on a fake breakout
