Massive $APT Short Liquidation Alert.
A huge $1,063.6K in short liquidations just got triggered at $9.75 for Aptos (APT).
What does this mean.
This indicates a significant move against bearish traders who anticipated the price of APT to decline further. When the price surged to $9.7578, it wiped out a considerable chunk of short positions, forcing bears to cover their losses.
Why is this important.
1️⃣ Bullish Momentum: Liquidations of this magnitude often signal increased buying pressure, as shorts are forced to buy back $APT at higher prices.
2️⃣ Key Resistance Tested: The $9.75 zone might now become a crucial battleground between bulls and bears.
3️⃣ Volatility Ahead: Such liquidations usually trigger higher volatility, creating opportunities for traders.
Next Levels to Watch:
Immediate Support: $9.50
Key Resistance: $10.00
Thrilling Insight: $APT is showing signs of strong bullish momentum. Watch closely for a potential breakout above $10. If this happens, we could see another rally sparking short-covering mania.
Are you ready to ride this thrilling wave.
Stay sharp and manage your risk.
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