$CC Short Liquidation: $2.5307K at $0.10759
Short sellers were squeezed as CC pushed through the $0.1075 area, a zone where short exposure had accumulated. The move triggered stop losses above local resistance, forcing shorts to cover into upward momentum. Liquidity was taken efficiently, confirming active buyer participation at this level.
Entry (EP): $0.10690
Take Profit (TP): $0.11380
Stop Loss (SL): $0.10390
Market Outlook:
$CC is showing short-term bullish continuation after clearing another pocket of weak shorts. As long as price holds above the liquidation zone, upside toward higher resistance remains favorable. Volatility is elevated maintain patience and strict risk management.
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