$RED Short Liquidation – Bears Crushed, Bulls Take Control!

Massive Liquidation Alert! A staggering $2,215.7K worth of short positions just got liquidated at $0.63343! The bears tried to push the price down, but they got wrecked as RED surged instead!

What Happened?

• Trapped Shorts: Many traders placed heavy short bets, expecting a price drop. Instead, the price pumped, triggering forced liquidations.

• Short Squeeze Effect: When short traders get liquidated, they are forced to buy back, fueling even more upside momentum.

• Big Money Moves: Such a high liquidation amount suggests major volatility incoming!

Key Levels to Watch 📈

✅ Buy Zone: If RED dips, a good entry could be around $0.60-$0.615 for a potential bounce.

❌ Sell Target: If momentum stays strong, RED could test $0.68-$0.70+ as the next resistance.

What’s Next?

trading Strategy:

• If RED holds above $0.63, expect more upside pressure.

• Watch for volume—strong buying could push it toward new highs.

•If rejection happens near $0.68, expect a short-term pullback before another run.

Stay sharp, traders! RED is heating up!

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