On the 15m chart, a short squeeze is looking likely. Shorts opening in huge chunks isn't affecting price while longs are closing and no drop is present. We have found comfy support and due to the shorts not affecting price, I believe we may see a short squeeze. I'll be entering above the white horizontal line for a potential breakout and will tp at the orange line. Potential short at the orange line!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.