Massive Short Liquidation Alert on $PEOPLE
The game just got intense.
A jaw-dropping $1,828.2K worth of shorts got liquidated at the key level of $0.04965. This dramatic move shows how volatile and unpredictable the market can be.
What Happened.
The price action of forced short-sellers into a corner. As the price surged past critical resistance, the liquidation cascaded, adding further fuel to the bullish momentum.
Key Insights:
1. Liquidation Level: $0.04937
2. Liquidation Amount: $1,828.2K
3. Possible Catalyst: Sudden bullish breakout or whale activity triggering short squeezes.
What’s Next.
If the momentum holds, $PEOPLE might aim for $0.052 or even higher.
Watch out for $0.046 as a potential pullback zone if buyers take a breather.
For Traders:
Buy Zone: $0.047–$0.048 (on retracement).
Targets: $0.051, $0.053, and beyond.
Stop Loss: Below $0.046 to manage risk.
Stay vigilant; the market’s heating up, and $PEOPLE is in the spotlight.
Will the bulls keep charging, or will the bears strike back.
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