$1000CAT Market Alert!
Short Position Liquidated: $7.6047K at $0.04441
The market just witnessed a significant short squeeze! Sellers betting against $1000CAT at $0.04441 have been forced out, signaling rising momentum in price action.
This liquidation suggests growing buying pressure and a potential shift in market sentiment.
What’s Next for $1000CAT ?
With shorts getting wiped out, bulls may aim for a higher breakout level.
However, caution is advised as resistance zones could challenge upward momentum near $0.045 - $0.048.
Possible Strategy:
If volume rises, expect further price surges. Consider a long position but wait for confirmation above $0.045.
If resistance holds strong, prepare for a pullback toward $0.042 to re-evaluate.
Stay sharp and trade responsibly!
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