$APT Short Liquidation Alert!
A notable short liquidation of $2.7447K just occurred at $10.60565, hinting at strong bullish momentum.
This liquidation could serve as a catalyst for further upward movement as shorts are forced out, fueling potential breakout opportunities.
Key Details:
Liquidation Size: $2.7447K
Liquidation Price: $10.60565
Market Sentiment: Bulls are driving the market, squeezing short sellers.
Next Move:
1. For Bulls:
Use $10.60 as a support base. If it holds, consider adding positions targeting $11.00 and $11.50.
Look for volume spikes as confirmation of continued upward momentum.
2. For Bears:
Hold back on new short entries unless price dips decisively below $10.40.
Focus on quick trades if price rejects the $11.00 resistance level.
3. For Neutral Traders:
Watch for a breakout above $10.80 for a potential bullish entry.
Alternatively, wait for a pullback to $10.50 for better risk-reward setups.
Bulls are in control for now, but the $11 resistance zone will be key—trade with caution and stay sharp!