$FTM Short Liquidation Alert

A significant short position worth $45,600 was liquidated at $1.044 for FTM. This indicates a strong upward price movement, forcing bearish traders to close their positions.

What’s Next?

1. Market Sentiment:

Bullish momentum could continue if buying pressure holds.

2. Key Levels to Watch:

Resistance: $1.05 and $1.10. Breaking these could trigger a further rally.

Support: $1.03. A drop below this may signal a pause in the uptrend.

3. Volume Insight:

High trading volume suggests strong interest from buyers.

Strategy Tips

For Bulls: Look for opportunities to ride the trend above $1.05.

For Bears: Avoid shorting until momentum weakens.

For Scalpers: Use volatility for quick gains but with tight stop-losses.

Stay focused and trade with caution—FTM is showing strong momentum!

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