BREAKING: $2.70K SHORTS LIQUIDATED on $MUBARAK at $0.0524!!
Bears just got wiped out – and this could be just the beginning!
$MUBARAK just ignited a major reversal spark by liquidating $2.7K in shorts at $0.0524. The tides are turning, and momentum is building fast. Let's break it down:
Technical Analysis:
Current Price: ~$0.0524
Short Liquidation Zone: $0.0524 – Bulls gaining control!
Buy Zone:
$0.0480 to $0.0520 (ideal re-entry if it pulls back – low risk/high reward zone)
Targets:
Target 1: $0.0580 (recent local high)
Target 2: $0.0650 (breakout zone)
Target 3: $0.0780 (major resistance – explosive potential)
Stop Loss:
Below $0.0470 (Invalidates the breakout momentum)
Why this matters:
This liquidation confirms heavy short pressure being undone – a classic setup for a squeeze and parabolic move. Volume surging, sentiment flipping, and chart structure screaming bullish continuation.
Watch for:
Bullish engulfing candle above $0.055 = strong breakout signal
4H close above $0.0580 = next leg up confirmed
Warning to Bears:
You just got liquidated. If you don’t flip soon, the rocket’s leaving without you.
$MUBARAK is not just a token... it's a statement.