$AI
Shorts Liquidated!
A $1.02K short position on $AI was liquidated at $0.7321, signaling increased bullish momentum. The short squeeze reveals a resurgence of buying interest, potentially setting the stage for further upside.
Key Insights:
Bullish Pressure: The liquidation indicates that sellers were overpowered, allowing the price to push higher.
Momentum Shift: This could attract more buyers if the upward trend continues.
AI Technical Breakdown:
Resistance Level: $0.7500
Support Zone: $0.7200
Momentum: Bullish, with potential for continued gains
Will $AI build on this bullish breakout, or is it a short-lived rally? Watch for follow-through volume and resistance tests!