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I’m seeing short sellers get squeezed near $1.271, and price held steady instead of dropping after the liquidation. That reaction indicates supply was absorbed while buyers defended the level.
EP: $1.295
TP1: $1.348
TP2: $1.425
TP3: $1.540
SL: $1.205
Price is sustaining above $1.27, maintaining a constructive structure.
Upside continuation strengthens as liquidation removes nearby selling pressure.
Liquidity rests near $1.38 and $1.48, which can attract further expansion.
$AXS