🟢 #ZEREBRO Short Liquidation: $9.3556K at $0.66693 – Bulls Roar as Bears Retreat!
The crypto battlefield just witnessed an electrifying event as $9,355.60 worth of ZEREBRO short positions were obliterated at the crucial price level of $0.66693.
This thrilling short liquidation not only showcases the sheer power of bullish momentum but also leaves traders speculating about what’s next for ZEREBRO.
1. The Short Position:
Bears bet against ZEREBRO, expecting its price to drop below $0.66693.
Confident in their predictions, they opened leveraged short positions, aiming to profit from a decline.
2. The Liquidation:
The market had other plans. As ZEREBRO's price surged beyond expectations, shorts were forced to cover their positions, triggering automatic liquidations to prevent further losses.
This liquidation wiped out a total of $9,355.60, highlighting the magnitude of the event.
3. The Catalyst:
A combination of bullish sentiment, strong buying pressure, and
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