$NOT Short Liquidation Alert!
Liquidation Value: $1,015.80
Key Price Level: $0.00677
A significant not short liquidation just shook the market, as bears were forced out of their positions.
This signals potential bullish momentum, with buyers stepping in at this level to push prices higher.
Key Details:
1. Bullish Momentum Building: The short liquidation highlights aggressive buying pressure, indicating that $0.00677 could serve as a pivot level for further upside.
2. Volume Spike: Increased activity during the liquidation suggests growing interest from traders, which may amplify volatility in the short term.
3. Next Resistance Zone: If bullish momentum continues, $NOT could test $0.00700, a psychological barrier and key resistance level.
Next Moves:
For Bulls: Watch for continued strength above $0.00677.
Consider entering long positions with targets at $0.00700 and $0.00710.
For Bears: Avoid re-entering shorts unless price struggles to break $0.00700.
Wait for confirmation of weakness before acting.
For Observers: Stay patient and monitor key metrics like RSI and volume for signs of a breakout or a reversal.
$NOT is showing signs of life, and the market is heating up—don’t miss this critical moment!