#BAN Short Liquidation Alert

Amount Liquidated: $10,073

Liquidation Price: $0.0554

The #BAN (Banano) market just delivered a seismic shake-up as $10,073 in short positions were obliterated at the key level of $0.0554.

This electrifying move has left bears scrambling and bulls celebrating a powerful resurgence. The stage is set for even more explosive price action as traders flock to this surging crypto underdog.

How the Short Squeeze Played Out

Short-sellers betting on BAN’s decline were met with a rude awakening when the price broke through resistance, triggering an avalanche of liquidations.

As bearish traders scrambled to close positions, the momentum snowballed, sending BAN on an unstoppable upward trajectory and cementing the bulls’ dominance.

1. Market Momentum: Renewed interest in BAN as a low-cap, high-potential asset has drawn in buyers.

2. Technical Breakout: BAN surged past resistance at $0.055, setting off a chain reaction of liquidations.

3. Whale Moves: Big players may have strategically fueled this breakout, intensifying the squeeze.

Implications for BAN

Key Support Zone: The $0.0554 price level now becomes a crucial line of defense for bulls.

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