$BCH Liquidated Short:
$52.8K at $557.4
→ Short Squeeze Ignites:
$52.8K worth of short positions liquidated as $BCH hits $557.4.
• Upward Surge:
A significant bullish move that caught many shorts off guard.
• Momentum Shift:
Strong buying pressure as traders rush to capitalize on the rally.
• Key Resistance:
Watch $570 for resistance; breaking it could send $BCH higher.
→ Next Move:
A breakout above $570 could lead to further gains, but caution is needed for any potential retracement.
Keep an eye on support levels around $550!
#BTCReclaims101K #RLUSDApprovalBoostXRP #MicrosoftRejectsBTC #BTCNextDirection?
