BREAKING: $BANANAS31 SHORTS LIQUIDATED at $0.006411 – $1.25K WIPED OUT!
The bears just got crushed, and this could be the spark for a massive bullish reversal!
What’s cooking?
$1.25K worth of short positions got liquidated around $0.006411, signaling heavy pressure on the sellers. This could lead to a potential short squeeze and trend reversal.
Technical Analysis:
Buy Zone:
> $0.006200 – $0.006450
Ideal entry range for buyers looking to catch the next wave. Look for consolidation near the liquidation point as a strong support zone.
Targets:
> 1st Target: $0.007200 – Minor resistance
2nd Target: $0.008000 – Previous breakout level
3rd Target: $0.009500 – Full squeeze potential if volume spikes
Stop Loss:
> $0.005950
If it breaks below this level with strong volume, exit and wait for re-entry.
Sentiment:
The liquidation shows weak hands are out, and bulls may take control now. Volume confirmation + breakout above $0.0067 could send $BANANAS31 flying.
Watch closely: If buyers step in strong, this could turn into a banana blast!