๐จ Liquidation Alert โ $SNX Shorts Squeezed! ๐จ
๐ฅ A $17.077K short liquidation just triggered on Synthetix ($SNX) at $0.942.
This means bears got caught betting against SNX, and the market forced them out!
๐ Key Takeaways:
Liquidated Position: Short (Bears burned)
Amount: $17K+ flushed
Price Level: $0.942 (potential support flip)
Market Signal: Buy-side pressure rising
โก๏ธ Next Move:
If momentum continues, SNX could attempt a push toward $1.00+ psychological resistance.
Watch for a break and hold above $0.95 โ bullish continuation.
Failure to sustain could see a retest near $0.90 support zone.
๐ Smart traders are watching closely โ will SNX ride the short squeeze wave or stall out?
