$RSR sees a massive $10,038 in short positions liquidated as the price surges to $0.01797, igniting a bullish frenzy! 馃搱
What鈥檚 Fueling the Surge?
Short Squeeze Pressure: Bears were caught off guard as RSR broke through key resistance, triggering cascading liquidations.
Bullish Momentum: This move underscores growing confidence among buyers, with RSR rallying to new local highs.
What to Watch:
1锔忊儯 Next Resistance Level: Will RSR conquer $0.0185 and push even higher?
2锔忊儯 Volume Explosion: Rising volumes suggest the rally could have more room to run.
3锔忊儯 Market Sentiment: Positive DeFi trends and bullish sentiment around RSR are attracting more traders.
What鈥檚 Next for RSR?
This short liquidation could be the start of a bigger breakout. Bulls are firmly in control, but as always, market volatility remains a factor. Is this the beginning of a sustained uptrend, or will bears regroup?
馃挰 What鈥檚 your take? Are you riding the RSR wave, or watching from the sidelines? Let us know!
Disclaimer: This is not financial advice. Always do your research before trading.
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