BOOM! $MOVE Short Liquidation Triggered at $0.1590
The bears just got rekt!
Massive short positions wiped out as MOVE shot past the $0.1590 liquidation level — a classic short squeeze in action!
What Just Happened?
Traders betting against $MOVE were forced to buy back in a panic as the price exploded upward, triggering a chain reaction of liquidations.
Why It Matters:
Short Liquidation Level: $0.1590
Bullish Momentum: Confirmed
Resistance Next: $0.1650 – $0.1720
Support Now: $0.1540 (previous resistance)
Technical Outlook:
If $MOVE holds above $0.1590, we could see a strong rally toward $0.1850 and even $0.20 as FOMO kicks in.
Trading Strategy (Not Financial Advice):
Buy Zone: On retest of $0.1580 – $0.1600
Targets: $0.1720 / $0.1850 / $0.20
Stop-loss: Below $0.1520
The Squeeze Has Just Begun...
If bulls maintain control, shorts might face even more pain ahead. Keep your eyes on volume and breakout patterns — this could get wild!