Breaking: $NOT Short Liquidation of $6.6258K at $0.00645!
The Bulls Take Charge!
A massive $6.6258K in shorts has been liquidated as $NOT’s price surged to $0.00645, catching bearish traders off guard.
This sudden move signals heightened volatility and growing bullish momentum in a critical low-cap asset.
Key Highlights:
Short Squeeze: Bearish positions got wiped out, indicating aggressive buying pressure.
Critical Price Level: $0.00645 acted as a key resistance—its breach could set the stage for a sustained rally.
Volume Surge: Liquidations of this scale in a low-priced asset hint at increased market activity, possibly driven by whales or news catalysts.
Next Move:
1. Traders:
Look for confirmation above $0.00645 before entering long positions.
Watch for resistance near $0.0068–$0.0070, with stop-losses in place to mitigate sudden reversals.
2. Investors:
If $NOT holds above $0.00645, it could signal long-term bullish potential.
Consider scaling in slowly, as low-cap assets often experience high volatility.
3. Caution:
Beware of over-leveraged long positions that could trigger pullbacks.
Monitor market depth and volume to avoid sudden price manipulation.
This explosive move in $NOT could be just the beginning. Are the bulls preparing for a breakout, or is this a false signal? Stay sharp and ready for action!