Big $DOT Liquidation Alert!
A massive $51.7K short position on Polkadot (DOT) just got liquidated at the $10.50 price level!
This move signals serious volatility, likely catching over-leveraged bears off guard. $DOT 's price action is heating up, with bulls reclaiming dominance at a critical psychological level. The $10.50 zone could now serve as a pivotal support, as buyers flex their strength in the market.
Key takeaways for traders:
Momentum Surge: Sharp upward momentum may indicate a potential trend reversal or bullish continuation.
Watch Closely: If DOT sustains above $10.50, it might pave the way for a breakout towards higher resistance zones.
Risk Management: Volatility is high, so ensure stop losses and position sizing are dialed in.
Eyes are now on DOT—will the bulls keep the pressure, or will the bears regroup? Stay sharp in this high-stakes game!