Breaking Alert: Massive $ME Short Liquidation at $3.32773!
A colossal $9.92K short position on me has been liquidated at $3.32773, signaling intense bullish dominance in the market.
This significant liquidation could be the prelude to further price acceleration as me bulls seize control.
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Key Details:
Liquidation Amount: $9.92K
Liquidation Price: $3.32773
Market Sentiment: Strong bullish momentum as shorts get wiped out.
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Next Move:
1. For Long Traders:
If $ME holds above $3.330, consider entering a long position.
Target $3.500-$3.600, the next key resistance zones.
Use a stop-loss at $3.300 to minimize downside risk.
2. For Short Traders:
Watch for price rejection near $3.500 before attempting to short.
Place a stop-loss at $3.650 in case bullish pressure intensifies.
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Strategic Outlook:
Breakout Potential: Sustained trading above $3.330 could trigger more liquidations and drive prices toward new highs.
Reversal Risk: Failure to hold above $3.300 might result in a pullback to $3.200-$3.250, creating short opportunities.
This is a critical moment for $ME —momentum is building fast, and decisive moves are unfolding. Stay prepared!
