$TURBO Short Liquidation: $61.2K Wiped Out at $0.0104
A staggering $61.2K short position just got liquidated at $0.0104 in the $TURBO market.
This marks a dramatic shift as the price bursts upward, sending shorts into panic.
The market is now poised for an explosive move—watch for big swings as traders react to this massive liquidation.
Key Details:
1. Liquidation Amount: $61.2K (short position)
2. Liquidation Price: $0.0104
3. Market Sentiment: Bullish surge following a short squeeze, with upside potential depending on volume.
Next Move Suggestions:
For Traders Holding Longs:
Ride the momentum, but tighten stop-losses as price approaches $0.0110 to protect profits.
Keep an eye on $0.0110–$0.0112 for potential resistance—if it breaks, the rally could accelerate.
For Short Sellers:
Avoid entering shorts until the market shows signs of stabilization or a confirmed rejection at key resistance.
If price retests $0.0104–$0.0105, consider watching closely for a potential reversal.
For Opportunists:
Watch for a breakout above $0.0110, with the next target around $0.0115 or higher.
If the price pulls back to $0.0095, consider setting alerts for a potential entry on a bounce.
The $61.2K liquidation highlights the incredible volatility in $TURBO and traders need to be quick to react.
The market could be primed for more explosive moves, so stay alert and adapt to the unfolding action.
What’s your strategy now? Let’s maximize this opportunity!