Short Squeeze Alert: $WIF

Liquidates $103K at $1.574!

A massive $103,000 worth of short positions in $WIF were liquidated as the price surged to $1.574, catching bearish traders in a powerful upward move.

What Happened?

1. Bullish Momentum: A sudden influx of buying pressure forced shorts to cover, driving the price higher.

2. Short Liquidation: The forced closures added more fuel to the rally, amplifying the momentum.

Key Levels to Watch

Support Zone: $1.55, now acting as a potential base for further bullish action.

Resistance Zone: A breakout above $1.60 could pave the way for a stronger rally.

What’s Next for WIF?

This dramatic liquidation signals potential continued upward pressure. Will the bulls take control and drive prices higher, or is a pullback on the horizon? The market is heating up—stay ready!#WIF #BNBBhutanReserves #BinanceAlphaAlert