$DASH Breakout Alert: $1.5216K Short Liquidated at $38.04!
A $1.5216K short position was liquidated at $38.04, signaling growing bullish momentum in the $DASH market.
This liquidation reflects strong buyer demand, pushing shorts out and potentially setting the stage for further gains.
Key Details:
Liquidated Amount: $1.5216K
Liquidation Price: $38.04
Market Context: The liquidation could trigger a short squeeze, driving prices higher as
bears scramble to cover their positions.
Next Move:
For Bulls: Capitalize on the upward momentum.
A break above $38.50 could confirm a bullish trend, offering opportunities to ride the wave.
For Bears: Stay patient. Watch for resistance levels near $38.50-$39.00 and signs of a reversal before re-entering.
Risk Management: Volatility will remain high. Use tight stop-losses to protect against sudden pullbacks.
The $38.04 level now holds psychological significance—will bulls drive it higher, or will bears regain control?
Watch closely!