$EIGEN Short Liquidation: $4.9577K at $5.39354
#eigen /USDT is experiencing an explosive rally, surging +8.1% to $5.83, triggering a massive short liquidation of $4.9577K at $5.39354. Bears who were betting on a downturn are now being squeezed as the price climbs, wiping out short positions and sending the market into overdrive. After bouncing from $5.00, the bulls are pushing for the next key resistance at $6.00.
With strong volume supporting the move, the momentum is clearly on the side of the bulls. Liquidations are fueling the price surge, and $EIGEN could be aiming for even higher levels in the coming hours, potentially reaching $6.50.
Will the bears make a comeback, or will the bullish trend continue to drive prices upward? The market is heating up, and $EIGEN could be in for more explosive moves.