$TAO Massive Short Liquidation Alert.
just experienced a massive short liquidation, and it's sending shockwaves through the market.
$3.04K Short Liquidated at a price of $452.8. That's a big hit to the shorts and a huge gain for the bulls.
What’s happening.
The price of $TAO has surged unexpectedly, triggering a massive wave of short liquidations at $449.77.
Traders who were betting on a downward movement got caught off guard, leading to $3.04K worth of shorts being liquidated.
This kind of liquidation shows strong bullish pressure, and we might see further price spikes if this momentum continues.
Key Levels to Watch:
Support Zone: Watch for any pullback around $449.77. If the price holds above this level, we could see more buying pressure.
Resistance Zone: A break above $460 could propel to new highs.
The short squeeze is real, and traders are feeling the heat! Get ready for more action as $TAO continues to rise, or brace for the next round of liquidations.
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