$SCRT – Short Liquidation Alert
💣 Liquidation Amount: $1,403.4
📈 Price Level: $0.24795
What Happened?
A short position worth $1.4K was liquidated at $0.24795 on $SCRT, signaling that short sellers were caught as the price moved against them.
This indicates a shift in momentum with SCRT showing bullish potential.
Market Insight:
Short liquidations on $SCRT suggest increased buying pressure. If momentum continues, we could see more upside.
A break above immediate resistance could trigger a further rally for $SCRT.
Key Levels to Watch:
• Resistance Zone: $0.252 – $0.258
• Support Zone: $0.240 – $0.243
• Breakout Trigger: Sustained move above $0.250 with volume on $SCRT
Pro Tip: Watch for bullish continuation candles above $0.250 on $SCRT .
Short squeezes like this can lead to rapid upside moves, so wait for confirmation before jumping in.
