$TAO Short Liquidation Alert!
Liquidated Amount: $54,000
Liquidation Price: $573.40
What just happened?
TAO just shattered resistance at $573.40, wiping out a major $54K short position!
This short squeeze sent shockwaves through the market as bears were caught off guard, fueling bullish momentum.
Why is this significant?
1️⃣ Massive Buy Pressure: Forced liquidations add momentum as short sellers are forced to close positions.
2️⃣ Key Price Zone Breached: $573 has been a critical level for weeks—this breakout could signal more upside ahead.
Next for $TAO :
Bullish Path: If momentum continues, TAO could test $590-$600, marking a new range for bulls.
🔻 Bearish Risk: A rejection near $575 could trigger a pullback toward $560-$565 as traders consolidate gains.
Key Levels to Watch:
- $573 (Support): Holding this level confirms the breakout.
- $590-$600 (Resistance): A test of this zone will decide TAO’s next leg.
$TAO traders, are you ready for the next big move?
Stay sharp—volatility is in full swing!
#MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3 #NFTIsBack #XRPTrends