Short Liquidation Alert: $PHA on the Move.
Massive PHA Short Liquidation.
A whopping $4.0253K has been liquidated at $0.2450! This price point marks a significant turning point, sending shockwaves through the market!
What’s Happening?
This liquidation is a result of aggressive short positions being forced to close as $PHA's price surged past the liquidation point, triggering a cascade of liquidations. The sudden price movement signals a potential reversal in the trend, leaving traders scrambling to react.
Looking Ahead:
$PHA Price Action: If the price holds above the $0.24555 level, we could see a push toward $0.30 as bulls look to capitalize on the momentum. However, a rejection could bring the price back down, testing support levels.
Key Levels to Watch:
Support: $0.23 (if the momentum stalls)
Resistance: $0.30 (next key target if the bulls take over)
Key Takeaway: The $4.0253K short liquidation is a strong signal that the market is heating up. Traders should remain vigilant as $PHA might continue to catch the attention of both bulls and bears in the coming hours.
#PHA/USDT #TRUMPCoinMarketCap #MarketPullback #TRUMPOnBinance #SOLVLaunchOnBinance
