$HCAI setup still looks extremely tight.
\~160K float means supply is tiny.
Most shorts entered under $12 and now they’re stuck underwater while paying \~934% borrow fees with basically no shares available. This setup is exactly like $AKAN a week back.
That’s the type of setup where pressure builds slowly:
shorts paying daily to stay in
low liquidity
any real momentum/volume can force fast covering
In these structures, price can move violently because there simply aren’t many shares available.
Now it’s all about:
holding key support
volume continuation
avoiding dilution/news risk
If momentum traders pile back in, this can unwind very fast.