$DASH Short Liquidation Alert.

A whopping $1.8907K was liquidated in short positions as surged to the $43.58 mark

What does it mean.

Short liquidation happens when traders betting against the price (shorting) get their positions automatically closed because the market moves against them.

This sudden move often fuels more buying pressure, potentially creating a short squeeze that propels the price even higher.

Why $43.48 is Critical.

This level might have been a key resistance zone or a stop-loss cluster for many short traders, triggering the liquidation.

Market Insights:

Such liquidations can indicate growing bullish momentum.

If $DASH breaks above this level with strong volume, it could target higher zones like $45 or beyond.

Watch for potential pullbacks near $43 to gauge market strength.

What's Next for $DASH

Key Resistance: $44.50-$45

Support Zone: $42-$42.50

Momentum Indicator: Bulls are gaining strength, but cautious traders should monitor volume and market conditions closely.

Risk Reminder:

Always trade with a plan. Use tight stop-losses to manage risk and capitalize on volatility.

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