#MarketRebound Shorts crushed and possible breakout in BABY!
A short position of $2,504.9 was closed at $0.09438, showing that sellers got trapped, which could pave the way for a significant rise.
Trading Plan:
Entry Zone: $0.0945 – $0.0960
A breakout above the liquidation area could drive a strong bullish movement.
Levels to Watch:
First target: $0.1005
Second target: $0.1060
Third target: $0.1125
Momentum can accelerate quickly if short sellers start to close their positions.
Recommended Stop Loss: $0.0922
Remember: manage your risk well and keep a cool head.
Quick Tip:
Short liquidations often trigger intense rises. Confirm the movement with a solid candle above $0.095. Don't trade on impulse!
$BABY could be on the verge of a good rally!