Trump:ILOVE$TRUMP$TAO Shorts Just Got Wiped – What's Next?

Market Situation:

1. *Massive Short Liquidation*: $1.69M in short liquidations at $268.68.

2. *Buying Pressure Increase*: Liquidation spike means buying pressure is increasing.

Trading Plan:

1. *Buy Zone*: $260 - $270 (strong support).

2. *Wait for Confirmation*: Wait for signs of a bounce or rising volume before jumping in.

3. *Profit Targets*:

- First stop: $280 - $290

- Mid-term goal: $310 - $320

- If momentum stays strong: $350+

4. *Risk Management*: Stop Loss below $250 (a break below could mean more downside).

Market Insights:

1. *Short Squeeze*: Shorts getting squeezed, forced to buy back at a loss, adding fuel to the fire.

2. *Potential Catalyst*: Liquidation spike could be a potential catalyst for higher prices.

3. *Bullish Control*: If bulls stay in control, TAO could push toward key resistance levels.

Final Thoughts:

1. *Patience Pays*: Short squeezes can be explosive, but they don't always lead to instant rallies.

2. *Confirm the Move*: Let the price action confirm the move before diving in.$TAO