$BAN Short Liquidation: $6.7385K at $0.07938
Short positions were forced out as BAN pushed through the $0.079 region, an area where downside continuation bets had built up. The breakout triggered clustered stop losses, accelerating the move higher as shorts covered into strength. Liquidity was absorbed cleanly, signaling buyers maintained control through the move.
Entry (EP): $0.07890
Take Profit (TP): $0.08420
Stop Loss (SL): $0.07640
Market Outlook:
$BAN is displaying short-term bullish structure after clearing weak short liquidity near support. As long as price holds above the liquidation zone, further upside toward the next resistance remains likely. Momentum-driven volatility is still present trade selectively and manage risk with discipline.
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