$COW Short Liquidation Alert!

A substantial $68.236K short position was liquidated at $0.70439.

What Happened?

1. Market Impact:

The liquidation caused a surge in buying pressure, driving the price upward.

Bulls are gaining control, signaling strong momentum.

2. What’s Next?

Potential Breakout: If buying continues, the price may target higher resistance levels.

Temporary Pullback: A slight correction could occur before the next move.

What Should You Do?

For Traders: Watch for confirmation of the bullish trend before entering.

For Investors: Assess if this signals a long-term uptrend or a temporary spike.

Quick Tip:

Monitor volume closely—it often confirms the strength of the price movement.

Need help identifying resistance zones or trade setups? Let me know!

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