$MOVE Short Liquidation Alert
A massive short position worth $80,800 was liquidated at $0.243 for MOCA. This suggests a powerful price surge, forcing bearish traders to close their positions.
What’s Next?
1. Market Momentum:
The bullish momentum may continue if buying pressure remains strong.
2. Key Levels to Watch:
Resistance: $0.250 and $0.260. Breaking these could signal further gains.
Support: $0.240. A drop below this might slow the rally.
3. Volume Check:
Increased volume confirms strong buying interest.
Strategy Tips
For Bulls: Consider entering on pullbacks or above resistance levels.
For Bears: Avoid shorting during strong upward momentum.
For Scalpers: Leverage the volatility for quick trades but manage risk carefully.
Stay alert and adapt to the market moves—momentum is strong!