$KDA /USDT short liquidation of $5,054.2 at a price of $1.02685 indicates that a short position on was forcibly closed because the price moved against the trader
Liquidations often occur due to insufficient margin to maintain the position as the market price rises
This could signal bullish momentum in price action
Traders might interpret this as a potential opportunity to assess long entries or observe if the uptrend continues depending on broader market conditions
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