$LDO Short Squeeze Alert!
In an explosive move, a $66.5K short position on $LDO just got obliterated at $1.586!
Bulls are flexing their power, leaving shorts scrambling to cover their losses.
Here’s the breakdown:
The $1.586 Breakout: A critical resistance level was shattered, triggering a cascade of liquidations and fueling bullish momentum.
This move signals renewed strength in $LDO’s price action.
Short Squeeze in Play: The massive liquidation could set the stage for a snowball effect as shorts rush to exit, potentially pushing the price even higher.
What’s Next?: With bearish positions caught off-guard, traders should watch for continued upside pressure.
Could this be the start of a broader rally for $LDO ?
Market Watchers Take Note:
Momentum is building fast—stay sharp, trade wisely, and keep a close eye on the charts.
The bulls are in control, but for how long?
Let’s see how this plays out!
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