Times of Pakistan
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$ICP Short Squeeze Ignites!
A $39.1K short position on $ICP was wiped out at $10.67, sending the market into a frenzy! The bulls have taken charge, and the pressure on shorts could lead to further upside as the momentum builds.
Why This Matters:
Massive Liquidation: This suggests strong upward pressure, and if buying continues, $ICP might rally even higher.
Volume Surge: Watch for a potential increase in volume to confirm that the breakout is sustainable.
ICP Analysis:
Resistance Level: $10.80
Support Zone: $10.50
Momentum: Bullish, with potential for further gains
With the short positions being liquidated, will icp keep climbing, or is a pullback on the horizon? Stay tuned for the next move!
#ICP. #DEXVolumeRecord #BTCXmasOrDip? #MicroStrategyStockSale
A $39.1K short position on $ICP was wiped out at $10.67, sending the market into a frenzy! The bulls have taken charge, and the pressure on shorts could lead to further upside as the momentum builds.
Why This Matters:
Massive Liquidation: This suggests strong upward pressure, and if buying continues, $ICP might rally even higher.
Volume Surge: Watch for a potential increase in volume to confirm that the breakout is sustainable.
ICP Analysis:
Resistance Level: $10.80
Support Zone: $10.50
Momentum: Bullish, with potential for further gains
With the short positions being liquidated, will icp keep climbing, or is a pullback on the horizon? Stay tuned for the next move!
#ICP. #DEXVolumeRecord #BTCXmasOrDip? #MicroStrategyStockSale
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