🟢 #GRIFFAIN Short Liquidation: $15.639K at $0.27225 — Short Squeeze Frenzy! ⚡
In a thrilling turn, $15.639K worth of GRIFFAIN short positions were liquidated at $0.27225, igniting a fierce short squeeze and sending prices surging higher.
The unexpected rally caught short sellers off guard, driving the price even further up.
What Triggered the Liquidation?
Short Squeeze: The price spike forced short sellers to close their positions, fueling the rally.
Bullish Sentiment: Increasing buying pressure and market momentum pushed prices higher.
Strong Demand: Market participants jumped in, exacerbating the upward movement.
Key Support & Resistance Levels:
Immediate Support: $0.26500 — A crucial level to hold for continuation.
Resistance: $0.28000 — The next hurdle that needs to be broken for further gains.
Danger Zone: A drop below $0.26500 could trigger a pullback to $0.25000.
What’s Next for GRIFFAIN?
Bullish Scenario: Holding $0.26500 could push the price toward $0.28000, opening the door for more upside.
Bearish Threat: A fall below $0.26500 may lead to a pullback toward $0.25000.
Trader Strategy: Watch for consolidation at $0.26500 — a break above $0.28000 could spark fresh momentum.
Will GRIFFAIN keep the rally going, or is a retracement imminent? The market is heating up, and traders are waiting for the next explosive move!
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