Massive $ARKM Short Liquidation Alert
$1,048.4 Liquidated at $1.5813
The bears have been crushed as $ARKM surges, triggering a massive short squeeze. This signals strong upward momentum, with bulls in firm control.
What’s Next?
1. Momentum Players: Watch for potential follow-up buying pressure; $ARKM could break resistance levels.
2. Cautious Traders: Assess $1.5813 as a new support zone.
If it holds, the rally might sustain.
3. Opportunistic Bears: Look for signs of exhaustion.
If volume weakens near $1.60, it might be a chance to re-enter shorts cautiously.
Key Resistance Ahead: Watch $1.60-$1.65 closely. A breakout could send $ARKM flying.
Risk Alert: Volatility is likely to spike. Manage your leverage carefully.
The bulls have the wheel — will they take it all the way? Stay vigilant, traders!