$ICP Short Liquidation Alert!
A short position worth $1.0471K was liquidated at $9.519, signaling a bullish push as sellers lose grip.
This move highlights growing momentum for buyers, with potential for further upside as the price tests critical levels.
Key Details:
Liquidation Size: $1.0471K
Liquidation Price: $9.519
Market Sentiment: Bullish momentum intensifying as shorts are squeezed.
Next Move:
1. For Bulls:
Use $9.50 as a support level; look for entries targeting $9.75 and $10.00.
Monitor trading volume for confirmation of sustained upside potential.
2. For Bears:
Avoid fresh shorts unless the price falls below $9.40 with strong selling pressure.
Consider short entries only if a clear rejection forms near $9.80.
3. For Neutral Traders:
Wait for consolidation around $9.50-$9.60 to assess market direction.
Enter on a breakout above $9.75 with tight risk management.
The market is leaning bullish, but resistance near $10 could test the rally’s strength. Stay sharp and trade smart!
