🟢 $BERA Short Liquidation: $6.2607K at $10.27178 – Bulls Take the Driver's Seat!
A significant $6.2607K short position was liquidated at $10.27178, marking a major win for the bulls as the market shifts direction.
The unexpected price surge has triggered a sharp short squeeze, with sellers forced to cover, driving the price higher.
🔍 What Happened?
Short Squeeze: The price broke through key resistance, triggering liquidations of short positions, which added fuel to the rally.
Volume Surge: A notable spike in trading volume confirms that the market is under the influence of bullish momentum as shorts scramble to close positions.
📊 Support and Resistance Levels:
Immediate Support: $10.00 — A key level for bulls to maintain in order to keep the uptrend intact.
Key Resistance: $10.50 — Bulls will aim to push the price above this level to continue the upward momentum.
🔮 What’s Next?
Bullish Continuation: If the price stays above $10.00, the rally could extend toward $11.00, with potential for further upward movement.
Bearish Pullback: A dip below $10.00 could signal a consolidation or correction, with $9.50 acting as the next potential support.
The $BERA market is experiencing a thrilling shift as bulls take control after the short squeeze. Traders should monitor the key levels to watch for signs of further upward momentum or potential pullbacks.
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