Fetch.ai ($FET ) Short Liquidated: $60.2K at $1.516!
A massive $60.2K short position just got liquidated as FET surged to $1.516! This liquidation shows strong bullish momentum, with buyers overpowering sellers. The $1.50 level, previously a tough resistance, now looks like a solid support zone.
What’s Next for $FET ?
1. Bullish Scenario:
If FET sustains its momentum, we could see a push toward $1.60 and beyond, as more shorts get squeezed.
2. Bearish Possibility:
A failure to hold above $1.50 could trigger a correction, with $1.45 as the next key support to monitor.
Trading Advice: Watch the $1.52-$1.55 range for signs of continuation or rejection.
This is a crucial moment—ride the trend carefully, but stay alert for sudden reversals!
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