Massive Short Liquidation Alert $VTHO
$9.4584K of short positions liquidated.
In an electrifying move, the $VTHO market experienced a massive short squeeze today! A staggering $9.4584K of short positions were liquidated at a price of $0.004906.
This market shift marks a critical point for anyone caught in a short position as the price has surged, triggering forced liquidations and leaving many traders scrambling for protection. The intense volatility in this market has not only eliminated short positions, but also shaken overall sentiment.
What does this mean for traders?
The massive liquidation signals that buyers are dominating the market. The pressure on short sellers, combined with the high liquidation event, could lead to additional bullish momentum, pushing $VTHO O prices higher in the coming sessions.
Price Level to Watch:
Liquidation Price: $0.00489
Key Support Zone: Watch for any retracement to this level; if it holds, further gains could be expected.
Resistance: If momentum continues, the price could head towards new highs.
What to Expect Next?
If this short squeeze is the start of a broader uptrend, traders should watch for new buy signals forming. A break above resistance could confirm further upside potential.
For short sellers, the risk remains elevated — if you hold positions against the trend, prepare for more pressure.
Are You In? Or Are You Out? The market is firing on all cylinders right now — it's time to take action.