$AI16Z Short Liquidation Just Triggered.
💰 Amount Liquidated: $8,260.40
📈 Liquidation Price: $1.0856
The bears got caught off guard! A massive short liquidation just hit, forcing positions to close at $1.0856. This could signal a momentum shift as the bulls take the reins!
What does this mean.
Short liquidations occur when prices surge beyond a short seller's margin threshold, causing an automatic buyback. This often fuels further upward movement as shorts scramble to cover positions.
Is this just the beginning.
With this liquidation, $AI16Z might see increased volatility and stronger buying pressure. Watch those charts closely.
Next Resistance Level: $1.10
📉 Support to Watch: Below $1.08
Stay sharp and trade smart—markets are heating up.
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