The $PUFFER V-Shape Recovery: Real Reversal or Short Squeeze? 🐡
Everyone loves a dramatic comeback. The PUFFER just rocketed +70.77% up to $0.0254, practically erasing two weeks of bleeding in a single day. But before you chase the green candle, let's look at the cold hard data.
The Illiquidity Pump: With a market cap of $12.30M and just $439K in on-chain liquidity, it takes very little buying pressure to force a massive vertical spike.
The Resistance Wall: Notice that long upper wick poking into the $0.031 zone? It was met with immediate, aggressive selling.
This swift V-shape looks less like organic accumulation and more like a violent short squeeze or a low-liquidity pump. If you didn't buy the $0.013 bottom, entering now is pure chasing.
Let the candle close. Watch if it can hold above $0.022 on a retest, or if it deflates just as fast as it inflated.