$FIL Short Liquidation Alert
A major short position worth $54.5K got liquidated at a price of $7.764.
This sudden liquidation could signal a potential shift in market sentiment towards the upside for $FIL .
Next Move:
Consider keeping an eye on the $7.50–$7.80 range for potential support.
If the price holds above this, we may see a continuation to the upside.
However, be cautious of any sudden reversals.
A break above $8.00 could lead to more bullish momentum, but always stay prepared to adjust your position based on market swings.
Trade wisely and stay sharp!
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