$FET Short Liquidation Alert.

Short Liquidation Trigger: $2.5603K

Price Level: $1.353.

Breaking Down the Liquidation Impact:

FET has just triggered a massive $2.56K short liquidation at $1.35755. This significant event is creating waves in the market and has captured the attention of traders.

The shorts are being squeezed as prices drop to $1.35755, unleashing a ripple effect and shaking the market.

Traders who were betting against $FET are facing a brutal liquidation at this critical price level, causing an explosive reaction in the market.

What Does This Mean for the Market.

Squeeze Potential: Short liquidations often cause a sharp upward movement as traders are forced to cover their positions, potentially driving FET prices higher in the short term.

Volatility Surge: As short positions are unwound, volatility will likely spike, making the market more unpredictable.

Potential Target Levels: Keep an eye on $1.35-$1.40 for potential short-term resistance and possible retracement levels.

What to Watch:

Price Movements: Observe $FET price action around $1.35755. If the price breaks above this level, we could see a push to the next resistance zone.

Liquidation Effect: Track the impact on market sentiment, as more shorts may get liquidated in the coming hours.

Get Ready for More Volatility.

Make sure to adjust your trading strategies accordingly. With a liquidation trigger in place, anything can happen! Stay alert, watch for price action, and trade wisely.

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