🚨 $FIL Short Liquidation Alert! 🚨
A huge $15.245K in short positions just got liquidated at $4.348! This sudden liquidation could fuel a strong bullish move for $FIL. Is this the beginning of a massive rally, or just a temporary spike? 📈
What’s Next for $FIL?
After such a big short squeeze, we could see $FIL continue to rise if the momentum holds. But be aware, resistance levels might challenge the price, so keep an eye out for potential pullbacks or consolidations.
Buy Zone:
Look for a good entry between $4.30 to $4.40. If $FIL holds in this range and shows strength, it could be an ideal buy point for the next leg up.
Target:
If the rally continues, aim for $4.80 to $5.00. A solid breakout above $5 could open the door for even more gains.
Stop Loss:
To manage risk, set a stop loss around $4.15 to protect your position in case the price reverses.
⚡ Watch out for volatility—this market is moving fast. Stay focused, be patient, and adjust your strategy based on the price action!
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