$NOT Short Liquidation Alert đš
A $5.1427K short liquidation just happened at $0.00827, and this could spark a massive price shift! With shorts getting squeezed, $NOT might be on the verge of a big move. Letâs break it down!
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Whatâs Happening?
The liquidation of short positions could lead to:
1. A quick price surge as short-sellers rush to cover their positions.
2. A potential pullback if the market consolidates after the initial surge.
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Buy Zone đ
Buy zone: $0.0082 - $0.0085. This range has seen solid support, making it a great entry point if the price holds steady here.
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Targets đŻ
Target 1: $0.0090 (Immediate resistance)
Target 2: $0.0100 (Key resistance level)
Target 3: $0.0120 (Breakout level)
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Stop Loss đ«
Stop loss: $0.0075. If the price falls below this level, it could indicate further downside, testing $0.0070.
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Whatâs Next?
If $NOT holds the buy zone: A rally towards $0.0090 and possibly $0.0100 is likely.
If price drops below $0.0075: Watch for potential decline toward $0.0070.
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â ïž Disclaimer: This post is for informational purposes only. Always manage your risks carefully!
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