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I’m seeing a very large short liquidation around $8.740, and price held strong instead of rejecting that zone. That kind of flush typically clears heavy sell-side pressure and shifts control to buyers.
EP: $8.88
TP1: $9.25
TP2: $9.80
TP3: $10.60
SL: $8.32
Price is sustaining above $8.74, maintaining a constructive structure.
Upside continuation is strengthening as liquidation removes downside weight.
Liquidity rests near $9.50 and $10.10, which can attract further expansion.
$LINK