DEEP tests $0.03 breakout as price targets $0.03379 while shorts unwind

DeepBook Protocol's DEEP token climbed 11.38% to $0.03006 as 24-hour trading volume rose 155.04% to $27.54M, pushing price above a multi‑month descending channel and toward resistance at $0.03379. With RSI near 57.99 and short liquidations of $3.38K exceeding $229.89 in long liquidations, the market now weighs whether the breakout above $0.03 can hold or if price will revisit support around $0.02260.