$NOT Short Liquidation Alert
A huge short position worth $56.4K was liquidated at $0.008255 for NOT (Contentos).
This means that traders betting on a price drop were forced to close their positions as the price surged.
What Does It Mean?
1. Bullish Momentum:
Short liquidations add buying pressure, potentially pushing the price higher.
2. Market Volatility:
Expect sharp price movements as traders react to this sudden surge.
What’s Next for NOT?
Resistance Zone: $0.0085-$0.0090. A breakout above this range could trigger more upside.
Support Level: $0.0080. Bulls need to hold this level to maintain momentum.
Market Sentiment: Continued buying could strengthen the rally, but be mindful of potential pullbacks.
Trading Tips:
Watch for a breakout above $0.0085 for further bullish moves.
Use stop-loss orders to manage risks during market volatility.
Stay informed on Contentos news or broader market trends that could impact price action.
Trade smart—liquidation-driven moves often create rapid opportunities!
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