$FIL Liquidation Frenzy!
A huge short position on $FIL just got obliterated!
Liquidated Amount: $93.8K
Liquidation Price: $6.880
Current Price: $6.95 (and climbing!)
Short-sellers got caught in a brutal squeeze as $FIL rallied hard, forcing a cascade of liquidations across the market.
The bears who thought they had control were hit hard as the price broke through critical resistance.
Key Insights:
Momentum is swinging in favor of the bulls—watch for more upside!
Liquidation levels triggering rapid price increases, bringing in new buyers.
Support: $6.70 | Resistance: $7.10
Heads up, traders: The squeeze is on!
With momentum building and the shorts wiped out, do the bulls have more fuel to push higher?
Or will we see a pullback?
bulls
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