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$EWY experienced a significant short liquidation of $8.90K at $177.99903, indicating that leveraged sellers were forced to close their positions. The liquidation signals strengthening bullish momentum, with buyers gaining control of the short-term trend. If price continues to hold above key support levels, further upside movement could follow as short-covering activity fuels additional buying pressure.
Entry: $176.00 - $179.50
SL: $172.00
TP1: $182.00
TP2: $187.00
TP3: $193.00
TP4: $200.00
Momentum is strengthening, and recent pullbacks are attracting buyers. Watch resistance levels closely and trade with proper risk management.
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