BOOM! $NXPC Short Liquidation Hits $2.45K at $2.3246 — Bulls Just Woke Up!
The bears just got rekt as $NXPC triggered a short squeeze, liquidating over $2.45K worth of shorts right at $2.3246! This could be the spark for a powerful bullish rally.
Technical Analysis:
Buy Zone: $2.20 – $2.30 (accumulation range after liquidation)
Breakout Confirmation: $2.35+
Target 1: $2.58
Target 2: $2.74
Moon Target: $3.10 (if momentum holds & volume spikes)
Stop Loss: $2.12 (below last support & pre-liquidation demand zone)
Why it matters:
Short liquidation signals panic exits from bears
Support held firm around $2.30, absorbing selling pressure
Volume increasing = fresh interest coming in
Break above $2.35 could turn into a trend reversal
Conclusion:
The market just sent a message: “Bulls are ready to take control.” Don’t blink — $NXPC might be gearing up for a face-melting rally!