🚨 $NOT Short Liquidation Alert: Massive Short Squeeze in Play! 🔥
A massive short squeeze is underway for $NOT, with $29.427K in short positions liquidated as the price surged past the key trigger at $0.00661. This has caught short traders off guard, leading to rapid price movement.
What’s Happening:
The price broke key resistance levels, triggering a short squeeze.
Short traders are being forced to cover their positions, driving the price higher in a bullish feedback loop.
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Key Levels to Watch:
Support: If $NOT consolidates above $0.00661, bullish momentum could strengthen.
Resistance: Next major psychological levels are $0.0080 and $0.0100.
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Strategic Takeaways:
Long Traders: Monitor price stability above $0.00661 before increasing positions.
Short Traders: Avoid new shorts near this support level to prevent further squeezes.
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Potential Targets:
Bullish momentum could push $NOT
t toward $0.0080 - $0.0100.
Suggested stop-loss: Near $0.0060 to manage downside risks.
This is a pivotal moment for $NOT—the bulls are in control, and the market is reacting swiftly. Stay vigilant, and trade smart!
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