$G Short Liquidation Alert!
A $5.6069K short position was liquidated at $0.72808, signaling strong bullish momentum.
Buyers are clearly taking control, pushing shorts out of the market.
What’s Happening?
Short Liquidation: Indicates intense buying pressure forcing shorts to cover.
Bullish Sentiment: This event could spark a continued rally if momentum holds.
Key Levels to Watch
Resistance: $0.7500 – Breaking this could lead to more upside.
Support: $0.7000 – Watch for buyers stepping in if the price pulls back.
What’s Next?
For Holders: Stay patient and watch if the price sustains above $0.72808.
For Traders:
Look for confirmation of a breakout above $0.7500.
Use a stop-loss below $0.7000 to manage risks.
Market Outlook
More short liquidations could fuel a stronger rally. Keep an eye on volume and market sentiment to confirm further bullish moves.
could be gearing up for a breakout—don’t miss it!