$MOVE Short Liquidation: $32.1K at $0.366!
Details:
Type: Short Position Liquidation
Liquidated Amount: $32.1K
Price Level: $0.366
What Happened?
MOCA experienced a significant price surge, forcing short sellers to close their positions at $0.366.
This liquidation created additional buying pressure, boosting the token’s upward momentum.
What’s Next?
1. Key Levels to Watch:
Resistance: $0.375 – A breakout could target $0.390 next.
Support: $0.350 – Staying above this level keeps the bulls in control.
2. Market Sentiment:
Bullish: Short liquidations and strong price action favor upward movement.
Next Target: Potential to test $0.390 if the trend continues.
3. Action Plan for Traders:
For Buyers: Consider entering near $0.360 if support holds, aiming for $0.375 or higher.
For Sellers: Wait for rejection at $0.375 or $0.390 for potential short opportunities.
Conclusion:
MOCA’s bullish run is fueled by short liquidations, signaling strong market demand.
Keep an eye on $0.375 for a breakout, while managing trades carefully amid rising volatility!
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