$OP Short Liquidated: $57.1K at $2.548
A powerful short squeeze hit Optimism today, wiping out $57K in shorts as the price surged to $2.548!
This sudden spike indicates strong upward momentum, with bulls clearly in control.
What’s Next?
Targeting $2.48 as the next key resistance level if the bullish trend continues.
A potential dip could find support around $2.45; watch for signs of consolidation there.
If we drop below $2.30, a deeper correction could follow.
Strategy:
If entering long, look for confirmation above $2.60.
Keep stops tight to manage risk in case of volatility.
Stay sharp!
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