$NEIRO Short Liquidation Alert!
A $66.6K short position just got liquidated at $0.001865 in the $NEIRO market!
The bears are getting squeezed as the price shoots up, turning what was a bearish bet into a massive short squeeze.
Liquidated Short: $66.6K
Price at Liquidation: $0.001865
Market Impact: This forced buyback has triggered a surge in price as traders scramble to cover their shorts, leading to a sharp upward movement.
Liquidations like this often fuel further volatility, creating more buying pressure.
What’s Next?
Traders are now watching to see if $NEIRO can hold the $0.001865 level as support.
If this rally continues, we could see further gains, but shorts may try to re-enter, adding more tension to the market.
Takeaways:
Short Squeeze in Play:
A sharp rise after liquidations could continue, but be ready for more volatility.
Risk Management:
Always keep stop-losses in place to protect against sudden price moves.
Stay alert, this market can flip quickly!
bulls move soon 🔜
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