Highly controlled order flow—there’s basically no heavy selling pressure up above. Even you can see a gap, with only a pitiful few hundred sell orders! It’s much easier for Rabby to smash it down! There’s a high chance it continues moving upward—Wukong, Wukong...

Also, it’s not out of the question that it could be a “fake pumping” play. You can short with a light position; then when it goes up, just keep adding more by shorting again on the way up! 1.05 should be touchable! Not ruling out a market reversal! But going long is indeed easier than going short!