Between April and May, this metric generated several Short Squeeze signals, highlighting moments of extreme pressure against short sellers. The result? A wave of short liquidations that fueled strong upward price movements.
Currently, the indicator shows a more balanced scenario, with no visible Short Squeeze signals at the moment, suggesting reduced pressure from short positions.
🔍 This metric helps monitor when traders holding short positions may be forced to close, often triggering sharp price moves.
Stay alert!
Written by joaowedson
