$BOME Short Liquidation: $5.5792K at $0.00819!
Overview:
Type: Short Liquidation
Liquidated Amount: $5.5792K
Price Level: $0.00819
What Happened?
BOME experienced a strong price increase, triggering short sellers to exit at $0.00819. The short squeeze added momentum to the uptrend.
What’s Next?
1. Key Levels to Watch:
Resistance: $0.0085 – A breakout could push prices toward $0.0090.
Support: $0.0080 – Holding above this level will confirm ongoing bullish strength.
2. Market Sentiment:
Bullish: Strong liquidation signals rising interest and buying pressure.
Next Target: Sustained momentum could test $0.0085 or higher.
3. Trading Plan:
For Buyers: Look for entry points around $0.0080 after minor pullbacks.
For Sellers: Avoid aggressive shorts unless a reversal appears near $0.0085.
Conclusion:
BOME’s short liquidation highlights bullish control and strong upward momentum.
Keep $0.0085 and $0.0080 in focus for breakout or support opportunities. Trade wisely!