$NOT Short Liquidation Alert.

Massive Short Squeeze in Play.

Short Liquidation at: $29.427K.

Price Trigger: $0.00611.

As of now, has seen a significant spike, catching short traders off guard with a massive liquidation event. A total of $29.427K in short positions got wiped out as the price surged past the crucial threshold of $0.00661.

What’s Happening.

The price has broken key resistance levels, triggering a massive short squeeze. This means that traders who bet against the price of (short positions) are now being forced to cover their trades, which in turn pushes the price even higher. This creates a positive feedback loop for the bulls.

Why Does This Matter.

$29.427K in Short Liquidations signals a strong reversal in momentum.

Short squeeze events typically lead to rapid price moves, making this an exciting moment for both traders and investors.

With momentum shifting, could be headed for further upward pressure, potentially breaking new highs.

What Should You Watch.

If you're holding long, this could signal further bullish movement.

Short traders who got caught in this liquidation will be watching for any signs of a pullback.

Key Support Level: If $NOT consolidates above $0.00661, we could see continuation toward higher levels.

Key Resistance Level: Watch out for a potential resistance near the next major psychological level or breakout.

Strategic Takeaways:

Long Traders: Be cautious and watch for price stability above $0.00661 before adding more to your position.

Short Traders: It’s crucial to avoid getting caught in another squeeze, as this price level is now a key support.

Potential Targets: If bullish momentum continues, $NOT could target $0.0080 - $0.0100 in the near term, with stop-loss near $0.0060 for risk management.

This is a thrilling moment for $NOT—the market is reacting fast. Stay updated and make your move wisely.

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