$1MBABYDOGE Short Liquidation Alert! 🚀
A $16.566K short position was liquidated at $0.00414, signaling strong buying pressure and a potential shift in momentum.
Here's what’s happening and what to watch next:
What’s Happening?
Short Liquidation: Sellers were forced out, showing buyers have the upper hand.
Bullish Momentum: Indicates a possible rally if the price holds above key levels.
Key Levels to Watch
Resistance: $0.00450 – Breaking this could trigger another leg up.
Support: $0.00400 – Strong buyers are likely here if the price dips.
Next Steps
For Long-Term Holders: Watch for a sustained move above $0.00414 as a sign of strength.
For Traders:
Look for a breakout above $0.00450 for potential entries.
Set a stop-loss below $0.00400 to manage risks.
Market Context
If more shorts get liquidated, the price could see a sharp surge. Monitor volume and overall market sentiment to confirm the trend.
#1MBABYDOGE might be preparing for a big move—stay ready!
