Bullish Surge: $88.5K $FTM Short Liquidated at $1.040
Phantom (FTM) made a decisive move upward, triggering the liquidation of a significant $88.5K short position at the key resistance level of $1.040.
This development signals strong bullish momentum, leaving short sellers scrambling as the market continues to rally.
The liquidation highlights a potential shift in sentiment as $FTM breaks through critical levels, with traders eyeing the next resistance zones.
Such events often fuel further price momentum, as liquidations can create buying pressure and amplify volatility.
Key Insight: This liquidation serves as a reminder of the risks in betting against a strong trend.
As $FTM gains traction, will the bulls maintain control, or is a pullback imminent?
Stay tuned for the next move in this exciting market action!
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