Massive Short Liquidation in $APT

🔥 A huge $7.366K short liquidation just occurred at the price of $9.24. This is a major event that could shake the market and potentially signal a shift in momentum.

Key Details:

Short Liquidation Amount: $7.366K

Price at Liquidation: $9.13784

$APT (Aptos) Market Impact: With this liquidation, a significant amount of short positions have been wiped out. Expect increased volatility as market sentiment shifts.

What Does This Mean for APT.

Short liquidations like these often fuel price action in the opposite direction, so a bullish bounce might be on the horizon.

Potential Buy Zone: Watch for support around $9.10 to $9.20, where price could stabilize and begin to rise.

Target Price: If $APT continues bullish, $9.50 to $9.70 could be key resistance levels to watch.

Stop-Loss Level: A strong stop-loss should be placed below $8.80 to protect against downside risk.

Market Sentiment Shift: With short liquidations happening, traders may begin to adjust their positions. This could lead to buying pressure as more short traders get squeezed out of the market.

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