Breaking News in Crypto.
$AI Traders Wiped Out: Short Liquidation of $1,003.7 at $0.8093.
The cryptocurrency $AI just witnessed an intense short liquidation.
A staggering $1,003.7K worth of short positions were liquidated as the price surged to $0.77744, leaving traders in shock.
This aggressive move suggests a bullish breakout, catching short-sellers off guard and pushing prices higher in an epic rally.
Key Highlights:
š¹ Liquidation Amount: $1,003.7K (Shorts)
š¹ Liquidation Price: $0.77744
š¹ Impact: A massive short squeeze is fueling upward momentum.
Whatās Next for $AI?
This liquidation event could be a signal for a trend reversal or the start of a major rally. Traders are advised to stay cautious, as volatility in is likely to spike further!
For Traders:
Buy Zone: If $AI corrects, watch for support near $0.720 or $0.750 for potential re-entry.
Resistance Level: The next major resistance is around $0.800, where selling pressure could return.
Stop Loss: Ensure a tight stop loss near $0.715 to manage risk effectively.
Stay tuned as we monitor the aftermath of this liquidation frenzy.
Is this the start of a moonshot, or will bears regain control.
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