🟢 #MELANIA Short Liquidation: $5.0227K at $1.524 Sets the Market on Fire!

A $5.0227K short liquidation at $1.524 has sent shockwaves through the MELANIA market, hinting at a strong bullish breakout as bears were forced to close positions.

Traders are now closely monitoring key levels for the next potential move.

Key Levels to Watch:

Immediate Resistance: $1.550 — Breaking this level could push prices toward $1.600.

Critical Support: $1.500 — Holding this level is essential to maintain bullish momentum.

What’s Next for MELANIA?

1️⃣ Bullish Scenario: A clear push above $1.550 may trigger a rally toward $1.600 and beyond.

2️⃣ Bearish Risk: A dip below $1.500 could invite selling pressure, targeting $1.460 as the next support.

Trading Tip:

Look for a volume spike near $1.550 to confirm a breakout.

Tight stop-losses are recommended in this volatile market.

Will MELANIA soar past resistance, or will the bears claw their way back? Stay sharp for the next move!

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