Big Bull Move!
A whopping $232K short position just got liquidated at $0.815 on $EOS , signaling strong bullish momentum as bears take a hit.
This liquidation shows increased demand and a potential trend shift in favor of buyers.
• Market Snapshot:
Buyers are overpowering sellers, pushing prices upward with volume backing the move.
This event could act as a catalyst for further upward movement if resistance levels are breached.
Potential Scenarios:
• Upside target: A breakout above $0.825 could open the path to $0.850.
• Downside risk: A pullback to $0.805-$0.800 might offer a re-entry for buyers if momentum holds.
Pro Tip:
• Swing traders: Look for a confirmed breakout above $0.825 with a stop-loss near $0.810.
• Day traders: Track price action around $0.815-$0.820 for quick scalping opportunities.
Stay alert and capitalize on this momentum!
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