$FIL Liquidation Update
A short worth $51K was liquidated at $7.118, signaling strong buying momentum in the market.
Market Insight:
This move indicates bulls are gaining strength, forcing shorts to exit.
Such liquidations often lead to further upside as momentum builds.
Next Steps:
• Key Resistance: Watch for a breakout above $7.20 to confirm continued bullish action.
• Support Level: If price pulls back, $7.00 could act as a strong base.
Monitor volume and keep stops tight in case of unexpected reversals.
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