$FTM Alert: $76.5K Short Liquidation at $1.18 Sparks Bullish Surge!

A massive $76.5K short position was liquidated at $1.18, indicating a strong shift toward bullish momentum as short sellers are squeezed.

This could signal the start of a strong uptrend if buying pressure continues.

Trading Strategy:

1. For Buyers:

If $FTM holds above $1.18, a rally toward $1.10 and possibly $1.31 is likely.

Consider entering near $1.18–$1.25, with a stop-loss just below $1.09 to protect against downside risk.

2. For Sellers:

Watch for resistance near $1.10. If $FTM

struggles to break this level, a pullback to $1.05 could occur.

Keep your short positions tight, as momentum is currently bullish.

Key Levels to Focus On:

Support: $1.16, $1.14

Resistance: $1.18, $1.24

FTM is moving fast—ensure you’re prepared to catch the next wave!

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