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Willam Henry
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$ME Short Liquidation Alert
A short position of $9,990.2 was liquidated at a price of $4.77518 for ME (Mercurity Fintech Holding).
This indicates that traders expecting the price to fall were caught off guard as the price surged.
What Does This Mean?
1. Bullish Pressure:
Liquidation forces shorts to buy back, adding upward momentum.
2. Market Volatility:
Expect higher price swings as traders react to this move.
What’s Next for ME?
Immediate Resistance: Watch $4.80-$5.00; breaking this could trigger more buying.
Support Zone: Around $4.70, a key level to hold for bulls.
Market Sentiment: Positive momentum may continue if broader crypto trends remain bullish.
Trading Tips:
Watch price action near key levels.
Use tight stop-loss to protect against sudden reversals.
Stay informed on ME-specific news or updates.
Timing is key—trade wisely!
#BitcoinKeyZone #SuiHitsNewATH #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K
A short position of $9,990.2 was liquidated at a price of $4.77518 for ME (Mercurity Fintech Holding).
This indicates that traders expecting the price to fall were caught off guard as the price surged.
What Does This Mean?
1. Bullish Pressure:
Liquidation forces shorts to buy back, adding upward momentum.
2. Market Volatility:
Expect higher price swings as traders react to this move.
What’s Next for ME?
Immediate Resistance: Watch $4.80-$5.00; breaking this could trigger more buying.
Support Zone: Around $4.70, a key level to hold for bulls.
Market Sentiment: Positive momentum may continue if broader crypto trends remain bullish.
Trading Tips:
Watch price action near key levels.
Use tight stop-loss to protect against sudden reversals.
Stay informed on ME-specific news or updates.
Timing is key—trade wisely!
#BitcoinKeyZone #SuiHitsNewATH #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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