Breaking Update.
A short liquidation of $3.949K has just been triggered for $MOVE , with the liquidation price clocking in at $0.9881.
This massive event highlights intense market volatility and increasing pressure on short positions. Such liquidations often spark sharp price moves, possibly flipping the momentum. Will the bulls take over, or are bears planning another ambush.
What This Means:
Short Liquidation: When shorts are forced to close, buying pressure can drive the price up temporarily.
Liquidation Level: At $0.98749, shorts couldn't hold their positions, signaling potential support here.
Key Levels to Watch:
Resistance: $1.01 (psychological barrier).
Support: $0.98 (current liquidation zone).
Stay alert and ready for quick trades! How do you see this playing out bullish surge or bear re-entry.
#MOVE #BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #SolvProtocolMegadrop