Short Liquidation Alert: $12.995K at $513.62276 (Binance)
$AMD just triggered a significant short squeeze at $513.62, signaling renewed bullish momentum in the near term. Immediate support is at $510.50, while resistance sits near $518.00.
For VIP traders, dips toward support may provide tactical long entries with tight stop-losses below $510.00. A decisive break above $518.00 could open the path to a next target around $523.00–$525.00, as buying pressure accelerates.
Volume patterns indicate strong absorption of shorts, suggesting continuation of the upward move. Short-term volatility remains elevated, so disciplined risk management and position sizing are crucial.
