$SNX SHORTS WIPED OUT! MASSIVE SHORT LIQUIDATION AT $0.846!
The bears just got obliterated as a $1.16K SHORT liquidation hit the SNX market at $0.846! In a violent move, the price surged, catching overleveraged short sellers off guard and forcing them to buy back at a loss. This short squeeze is a brutal reminder that the market plays no favorites!
What Just Happened?
🔹 A sharp price spike liquidated overconfident short sellers.
🔹 Market makers exploited weak positions, fueling the upward momentum.
🔹 Could this be the start of a bigger rally, or just a temporary short squeeze?
The Battle Between Bulls & Bears
Bullish Scenario: With shorts wiped out, SNX could see continued upward pressure as momentum traders step in. Breaking key resistance levels could signal a stronger reversal.
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