$CTK /USDT – Shorts Getting Squeezed? Liquidation Alert!
Liquidation Triggered: $4,235.50 at $0.34706
A short position just got liquidated at $0.34706, signaling some serious pressure building up.
When shorts start getting wiped, it’s a sign that bears are getting uncomfortable—and bulls might be flexing.
What This Means:
A $4.2K short getting liquidated at this level hints that momentum could be shifting.
If price holds above $0.347 and keeps pushing, more short squeezes could follow.
Key Levels to Watch:
Resistance: $0.3500 / $0.3560
Support: $0.3420 / $0.3370
Possible Scenarios:
Breakout: If $CTK breaks and holds above $0.3500 with volume, we could see an aggressive push higher as more shorts get trapped.
Rejection: But if price rejects hard near resistance, it could just be a stop-hunt before the next dip.
Pro Tip:
Keep an eye on volume + lower timeframe candles (5–15m). Bullish engulfing + liquidation combo can spark fast moves.
Final Word:
Shorts are under pressure—and $CTK might just be heating up. Stay alert… the next move could be explosive.