$FLUID Short Liquidation Alert

A $2.61K short liquidation hit at $5.878, highlighting that bearish pressure was absorbed as buyers stepped in.

Important Price Levels:

Support: $5.72 – $5.75 → foundation for continued strength.

Resistance: $6.00 – $6.05 → key breakout level to watch.

Market Insight:

The liquidation suggests shorts were overleveraged. As long as FLUID trades above $5.75, momentum favors the upside. Watch for a decisive move at the $6.00 mark.

Trading Opportunities:

Buy Entry: $5.76 – $5.80 with a stop near $5.70.

Sell Entry: $6.02 – $6.05 if rejection occurs.

Next Projection:

A breakout above $6.05 may drive price toward $6.20 – $6.25, while losing $5.72 risks a pullback to $5.60.

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