$WIF Short Liquidation Alert!
A $7.6909K short position just got liquidated at $0.78075! This means traders betting on a price drop were forced to buy back, adding strong bullish momentum to WIF.
Why This Matters:
Short liquidations create buying pressure, often leading to quick price spikes.
This signals strong demand, as buyers take control from short sellers.
If momentum continues, $WIF could push higher and test key resistance levels.
What’s Next for $WIF ?
If WIF holds above $0.78, the next target is $0.80-$0.82, with potential for further upside.
If it struggles to break higher, a small pullback to $0.76-$0.77 could happen before another move.
Strong volume and buyer interest? Expect a push higher. Weak follow-through? Be cautious of a possible retrace.
#BinanceAlphaAlert #PPIShockwave #BNBRiseContinues #BNBChainMeme #XRPBullishOrBearish?
