🟢 $MEMEFI Short Liquidation: $7.73K at $0.00396
Bears just got caught. Momentum is flipping.
📈 Trend: Bullish
Shorts liquidated as price pushes upward
Indicates growing buy pressure
Momentum favors buyers in the short term
😎 Market Sentiment:
• Traders are flipping bullish
• Shorts squeezed as price breaks local resistance
• Volume likely increasing with this breakout
• Confidence returning in small-cap plays like $MEMEFI
🧭 Next Move:
Consider buying or holding if momentum holds
Wait for small pullback to enter for better risk/reward
🎯 Bullish Targets:
• Target 1: $0.00430
• Target 2: $0.00485
• Target 3: $0.00540
🛑 Stop Loss: $0.00370
🔼 Resistance: $0.00430
🔽 Support: $0.00380
⚠️ Summary:
A $7.7K short liquidation shows strength returning
Break above $0.00396 could trigger the next leg up
Watch for volume confirmation and avoid chasing high wicks
This breakout may be the start of a trend reversal