$MKR Liquidation Alert: $31.1K at $1.353
A major short position was liquidated as MNT rose to $1.353, showing strong bullish momentum and buying pressure.
What Does This Mean?
1. Bullish Surge: Buyers are in control, forcing shorts to cover and pushing the price up.
2. Key Support Level: $1.353 might now act as support in the coming moves.
What’s Next for You?
1. Watch for Continuation: MNT could continue higher toward $1.37 or $1.40.
2. Look for Pullbacks: A dip back to $1.353 might present a good buying opportunity.
3. Monitor Volume: Rising volume confirms the strength of this upward move.
Pro Tips:
Buy on Dips: Look for retracements to enter at lower prices.
Use Stop-Losses: Protect your position in case of unexpected reversals.
Need further analysis or price targets for MNT? Let me know!
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