$SCR Short Liquidation Alert!
Massive Liquidation Spotted:
Amount Liquidated: $1.4449K
Liquidation Price: $1.00762 $SCR
This indicates a sudden market movement that has wiped out short positions, suggesting strong buying pressure or a critical level break.
What This Means:
1. Bullish Momentum:
The market has likely broken through resistance, triggering liquidations and pushing prices higher.
2. Short Squeeze Potential: If more shorts get liquidated, we could see a cascade effect driving the price even further up.
Next Move:
Analyze:
Check $SCR’s volume, RSI, and market sentiment.
Look for resistance levels above $1.00762.
Action Plan:
For Bulls: Consider entering with caution, especially if the trend confirms strong momentum. Set stop