$MEME on Fire! Massive Short Liquidation at $0.01397 đ
A whopping $7,906.4K worth of MEME short positions just got liquidated at $0.01397! This shakeout could trigger a big price move as the bulls take control. The market is heating up fastâdonât miss your chance to jump in!
Whatâs Next for $MEME ?
Hereâs your action plan to catch the next wave:
Buy Zone: Look for an entry around $0.0130 - $0.0135. This is a key support area where buyers may regroup.
Target 1: $0.0145 â A short-term resistance level where you can take some profits.
Target 2: $0.0155 â A breakout above $0.0145 could push $MEME to this level.
Stop Loss: Set your stop loss at $0.0125 to protect against sudden drops.
Why the Excitement?
1. Short Squeeze Effect: Liquidations like this create forced buying pressure, pushing prices higher.
2. Meme Coin Power: MEME coins often see explosive moves due to hype and community backing.
3. Growing Momentum: With shorts liquidated, the market sentiment is shifting toward bullish.
Key Level to Watch
The key level is $0.01397. If MEME stays above this and shows strong volume, it could signal a breakout. Bulls are eyeing $0.0145 as the next target, with $0.0155 in sight if momentum continues.
Pro Tip: Watch for a volume spike near $0.0145. If it breaks with strength, the rally is likely to extend toward $0.0155 or higher.
Stay sharp, manage your risk, and ride the MEME hype train to your targets. The market loves volatilityâcapitalize on the moment!
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