$APT Short Liquidation: $7.1153K at $13.49901!

Details:

Liquidation Type: Short Position

Amount Liquidated: $7.1153K

Liquidation Price: $13.49901

What Happened?

Aptos (APT) saw an unexpected surge, forcing a major short liquidation.

Traders betting against APT were caught off guard as the price rose quickly, resulting in the liquidation of their positions.

What’s Next?

1. Key Levels to Watch:

Resistance Zone: $13.50 – A critical level to test for further upside.

Support Zone: $13.00 – If price dips, this could act as a solid support for the bulls.

2. Market Sentiment:

Bullish Momentum: The price movement indicates strong buying interest, making APT a potential bull candidate.

Next Target: If $13.50 is cleared, the next target could be $14.00.

3. Strategies for Traders:

For Bulls: Watch for confirmation above $13.50 before entering a long position.

For Bears: Caution is advised as shorting near current levels could result in more squeezes.

Conclusion:

APT's surge shows that bullish momentum is alive.

Traders should watch for further breakout signals above $13.50 while being cautious of the risk of further short squeezes.

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