💥 $SPELL Short Liquidation Frenzy! 💥

A staggering $5,172.3 in SPELL short positions has just been liquidated at $0.00111! The bears are taking heavy losses as SPELL powers through resistance levels.

Key Details:

🔥 Liquidation Type: Short (Bearish positions crushed!)

💰 Liquidation Amount: $5,172.3

💎 Liquidation Price: $0.00111

📊 Market Action: SPELL surges, triggering a cascade of liquidations and ramping up bullish momentum.

What’s Happening?

This massive short liquidation suggests that traders betting against SPELL were caught off guard by a price surge. The forced closure of their positions creates a buying frenzy, adding fuel to the rally.

Why This Matters:

1. Short Squeeze: This liquidation could trigger a chain reaction, pushing prices higher as bears scramble to exit.

2. Bullish Momentum: SPELL is showing strength in breaking resistance—an indicator of growing market confidence.

3. Ripple Effect: Watch for SPELL's movement to impact related DeFi tokens and markets.

Next Levels to Watch:

🚀 Target Price: Can SPELL push past $0.0012?

📈 Volume Spike: Rising volumes will confirm the upward trend.

⚠️ Resistance Zone: $0.00115–$0.0012 is the next battleground.

🔥 SPELL is making waves—are you ready for the ride? Keep your eyes on this surge, as it could mark the start of something massive! Bull or bear—what’s your move?

#spell #AnimecoinOnBinance #BinanceAlphaAlert #JoblessClaimsUp #VeThorOnBinance