Massive $CHZ Short Liquidation.

A staggering $1.977K in short liquidations just hit at $0.0874.

This highlights the intense volatility around Chiliz ($CHZ) as the price moves dramatically, catching short traders off guard. Liquidations of this magnitude show the power of the market’s swing, wiping out those betting against the coin.

Here’s a breakdown:

Short Liquidation Total: $1.977K

Liquidation Price: $0.0873

Market Impact: A rapid surge or dip could trigger more liquidations in this volatile zone.

What’s Next for $CHZ? With this liquidation, we may see price fluctuations continue. If the market turns bullish, we could be looking at new highs, while bearish pressure might cause further liquidations.

Stay sharp, traders.

The battle between bulls and bears is raging.

Key Levels to Watch:

Support Zone: Around $0.085 (previous price floor).

Resistance Zone: Watch for the $0.09-$0.095 range if the bulls take control.

Tip for traders: Watch for signs of further liquidations to gauge market momentum. Tight stop-losses and clear entry zones are crucial.

Stay tuned and trade smart.

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