Major Liquidation Alert for $YFI

The market just witnessed a jaw-dropping short liquidation of $3.5884K at a staggering price level of $8302.

What Happened.

Short sellers were betting on to drop further, but the bulls came charging in, pushing the price to a key resistance zone. The surge in buying pressure triggered a cascade of liquidations, forcing traders who had borrowed $YFI to sell back at higher prices.

Why is this Exciting.

Such events often indicate a strong shift in market momentum.

Liquidations can act as fuel for even more volatility, as traders scramble to cover their positions.

Key Levels to Watch.

Resistance Zone: $8,250 - $8,300

If $YFI breaks and sustains above this, we might see a rally towards $8,800 or higher.

Support Zone: $7,900 - $8,000.

If the price dips, this area could act as a strong bounce zone for buyers.

Technical Overview.

Trend: Short-term bullish.

Potential Targets: $8,800 | $9,200

Stop-loss for Bulls: Below $7,850.

Are You Ready for the Ride.

The liquidations signal heightened market activity. Stay alert and trade wisely—$YFI's volatility can be your best friend or your worst enemy.

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