$ATOM Short Liquidation Alert

A $50.8K short position has been liquidated at $9.862, marking a shift in market sentiment as shorts are forced to cover.

This could indicate the beginning of a bullish phase, with upside potential if momentum continues to build.

Key Insights:

Liquidations like this often trigger a short squeeze, pushing the price higher as shorts exit.

$ATOM is showing signs of strength, breaking above key levels and attracting new buyers.

Next Steps:

• Bullish outlook: If $ATOM holds above $9.86, we could see further upside toward $10.20-$10.50.

Monitor for strong buying volume.

• Watch for pullbacks: A drop below $9.80 could lead to a retest of $9.60-$9.50 support.

Stay focused on price action—this move could be the start of a solid rally for ATOM!

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