$PEOPLE Short Liquidation Alert!

🚀 Liquidation Amount: $2,116.9

🚀 Liquidation Price: $0.04671

A massive short squeeze has hit the $PEOPLE market, with $2.1169K worth of short positions getting liquidated at $0.04671. This sudden surge caught many off guard and showcases the volatile nature of speculative trading in crypto.

📈 What Does This Mean?

For Short Sellers: The liquidation serves as a reminder of the risks involved when betting against the market. If you’re shorting, always watch for squeezes and ensure you have proper risk management in place.

For Bulls: This might be a signal that momentum is shifting in your favor. With shorts liquidated, PEOPLE could see continued upward movement, but volatility is a constant risk.

🔮 What’s Next for $PEOPLE?

Will this short liquidation fuel a rally, or is it a temporary spike before a pullback? The market is still shifting, and traders will want to stay alert to any changes in price action and volume.

Be ready—when short positions are wiped out, the market can move fast!

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