$DOT experienced a short liquidation at $1.383, highlighting a bullish squeeze that invalidated short positioning and shifted momentum upward. This move indicates strong buyer defense around the $1.34–$1.38 demand zone. As long as price holds above $1.36, DOT can target immediate resistance near $1.45–$1.50, followed by a higher objective around $1.60 where prior distribution took place. Short liquidation events often ignite continuation legs if market structure remains intact. A failure to hold above $1.36 could send price back toward $1.28 for consolidation. Overall momentum favors upside continuation while support is respected. $DOT #GateJanTransparencyReport
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$DOT experienced a short liquidation at $1.383, highlighting a bullish squeeze that invalidated short positioning and shifted momentum upward. This move indicates strong buyer defense around the $1.34–$1.38 demand zone. As long as price holds above $1.36, DOT can target immediate resistance near $1.45–$1.50, followed by a higher objective around $1.60 where prior distribution took place. Short liquidation events often ignite continuation legs if market structure remains intact. A failure to hold above $1.36 could send price back toward $1.28 for consolidation. Overall momentum favors upside continuation while support is respected. $DOT #GateJanTransparencyReport