Explosive Market Move: $ARKM Short Liquidation Unleashed!
A massive $2,506.7K short liquidation just hit at $0.53447, shaking the market to its core.
Bears have been obliterated as $ARK surges, with bullish momentum taking over.
This liquidation marks a critical turning point, and all eyes are on the next move.
Key Details:
Liquidation Type: Short
Liquidation Amount: $2,506.7K
Liquidation Price: $0.53447
Market Sentiment: Aggressively bullish with heightened volatility
What’s Next?
1. For Bulls:
The breakout above $0.53 suggests further upside; target key resistance zones at $0.55-$0.57.
Use trailing stops to protect profits as volatility remains high.
2. For Bears:
Wait for signs of exhaustion near resistance levels before attempting fresh short entries.
A rejection near $0.55 could signal a potential pullback to $0.52.
3. For Observers:
Volume is your guide. A continued surge in volume confirms strength, while low volume hints at a false breakout.
Keep $0.53 as the key pivot—below it, sentiment could shift quickly.
The market is on fire, and $ARK is leading the charge.
Will the bulls hold their dominance, or is a reversal on the horizon?
The next few moves will be decisive!