$VELODROME Liquidation Alert!
A short position of $1.4975K has just been liquidated at $0.20068, signaling heightened volatility and potential market shifts.
The bears are losing grip as the price action intensifies near this critical level.
Key Details
Liquidation Amount: $1,497.5
Liquidation Price: $0.20068
Market Signal: Potential short squeeze scenario, with upward momentum building.
Next Move
1. For Traders:
Bulls: Watch for volume spikes and prepare for possible breakouts beyond $0.20068.
Bears: Tighten stop losses and prepare for turbulence as more shorts could get squeezed.
2. For Investors:
Monitor resistance levels closely; a sustained move above $0.20068 could indicate a bullish trend.
Be cautious of fakeouts—wait for confirmation before committing capital.
The pressure is mounting—are you ready to seize the opportunity? Act fast, the market won't wait!