$MOVE Short Liquidation Alert: Major Action Unfolding
The market just witnessed a significant liquidation of $1.405K at the critical level of $1.07997.
Short positions are getting crushed as the price momentum shifts, hinting at a potential breakout.
The pressure is building, and move is living up to its name!
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Key Details
Liquidation Size: $1,405
Liquidation Price: $1.07997
Market Sentiment: Bullish surge taking shape as shorts fail to hold their ground.
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Next Move
1. Breakout Watch: If $MOVE breaks above $1.08, expect a rally targeting $1.12 or beyond.
2. Support Zone: In case of a pullback, strong buying interest is likely near $1.05-$1.06, offering a potential re-entry.
3. Volume Confirmation: Look for rising buy-side volume to validate a continued uptrend.
4. Trading Strategy: Momentum traders can aim for $1.10-$1.12 with tight stops.
Swing traders should wait for a confirmed breakout above $1.08 before positioning for higher targets.
The battle is heating up, and $MOVE is at a critical juncture.
Stay focused—this could be the start of an explosive rally.