🟢 $BROCCOLI714 Short Liquidation Alert!
Liquidation Size: $5,040.70
Liquidation Price: $0.07177
Today, we witnessed a significant short liquidation on $BR, totaling over $5K at the price point of $0.07177. This move suggests that bearish traders who were betting on a price drop got liquidated as the market moved against them — a clear indication of bullish momentum building up.
What does this mean?
Short liquidations typically happen when traders borrow tokens to sell high and buy back lower, but the price rises instead, forcing their positions to close at a loss.
This liquidation hints that buying pressure is overcoming the bears, leading to a potential uptrend continuation.
With $BROCCOLI714 holding strong above the $0.07 support, we could see a test of higher resistance levels if momentum continues.
Keep an eye on:
Next resistance zone: $0.075 – $0.078
If volume increases alongside price, a breakout toward $0.08+ is likely.
$BROCCOLI714 Always monitor funding rates and OI (Open Interest) for further clues on market sentiment.
TL;DR:
Bears just took a $5K hit. Bulls might be gearing up for the next leg up. Don’t sleep on $BR’s price action right now.