$MANTA Short Liquidation Alert
💥 Liquidation Amount: $2,039.10
📈 Liquidation Price: $1.11867
A significant short liquidation just hit MANTA, wiping out $2.04K at $1.11867! Bulls are seizing control as prices surge, trapping shorts in a vicious squeeze and driving prices higher.
What’s Driving This Surge?
1️⃣ Bullish Breakout: MANTA has pushed through key resistance, triggering a wave of buying and forcing shorts to cover, fueling the rally.
2️⃣ Short Squeeze in Action: The liquidation of over $2K in short positions could accelerate upward momentum, driving even more buying pressure into the market.
3️⃣ Increased Volatility: With such a significant liquidation, expect sharp price moves and fast action in the coming hours.
What’s Next for MANTA?
Resistance: $1.12—This is the next critical level to watch for further upward movement.
Support: $1.10—Bulls will look to defend this level to maintain the bullish trend.
🚀 Trader’s Insight:
For Bulls: Watch for a hold above $1.12 for confirmation of continued momentum, targeting the next resistance levels.
For Bears: Shorting here could be risky—any attempt to short should be done with caution as the market remains heavily bullish.
🔥 The Big Question: Is MANTA ready for an explosive breakout, or will the rally face resistance? Share your predictions below as we follow the aftermath of this thrilling short liquidation!