#SPX Short Liquidation: $7.2139K at $1.37199 🟢

Current Price Action:

Price: $1.37199

Liquidation Trigger: $7.2139K in short positions liquidated

Resistance: $1.4000 (recent resistance level)

Support: $1.3500 (key support zone)

What's Next?

After the short squeeze, we are seeing a bullish surge above the $1.37199 mark, and the next hurdle is at $1.4000.

If the price breaks through $1.4000 with strong momentum, the next target could be $1.4200.

A retest of the $1.3500 support is possible if bears manage to regain control, providing a chance for further accumulation.

Risk:

If the price fails to maintain above $1.37199, a deeper correction toward $1.3500 could be on the cards.

Prediction:

Expect further upside if momentum sustains, with a potential breakout above $1.4000 leading to $1.4200. However, watch for any rejection at key resistance levels.

#CryptoReboundStrategy #AIAgentFrenzy #SUIHitsATH #BitcoinHashRateSurge #BIOOpenonBinance