Major Short Liquidation Alert.

Token: $BANANA

Liquidation Amount: $1,087.5K

Liquidation Price: $41.13

A massive short liquidation just rocked the market, with over $1M worth of positions getting wiped out at $41.19331. This could indicate a surge of bullish momentum, with shorts scrambling to cover their positions as $BANANA defies expectations.

What’s Happening.

Short liquidations occur when traders betting against the market are forced to close their positions due to rising prices. This often creates a domino effect, pushing prices even higher as buying pressure intensifies.

What to Watch For:

Support Zones: If $BANANA holds above $41.20, this could signal strong bullish sentiment.

Resistance Levels: Watch for resistance near $45–$47. Breaking through could send prices skyrocketing.

Potential Retracement: If the rally cools down, key supports around $38–$39 may come into play.

Trading Tip: In volatile moments like these, manage your risk carefully. Set tight stop-losses and avoid overleveraging.

The market is on fire stay sharp and trade smart.

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