Liquidation Alert: $52.6K Short Position on $FIL Crushed at $5.042!
The bulls strike again as a $52,600 short position on Filecoin (FIL) was liquidated at the key price level of $5.042.
This decisive move showcases the strong buying momentum driving $FIL higher, forcing short-sellers to exit their positions under pressure.
With volatility ramping up, the question remains: is this the start of a sustained rally for Filecoin, or will resistance levels bring it back to consolidation?
Either way, liquidations like this serve as a reminder of the high stakes in crypto trading.
Traders, stay sharp—big moves like these can present both opportunities and risks.
Follow the trends closely as FIL continues to dominate the action!
