🚀 $SNXX SHORT SELLERS JUST GOT CAUGHT OFF GUARD! $113K LIQUIDATED AT $3.770! 🟢
The latest squeeze has put bearish traders under pressure! A substantial $113,000 in short positions was liquidated around $3.770, creating an important moment for bulls to demonstrate their strength.
📊 Liquidation Breakdown
- Ticker: $SNXX
- Event: Short Liquidation
- Liquidated Value: $113,000
- Liquidation Price: $3.770
⚡ What Comes Next?
- $3.770 — Key Pivot: Buyers need to maintain price above this area.
- Bullish Trigger: A strong hold above $3.770 with rising volume could support another upward attempt.
- Upside Scenario: A breakout above nearby resistance may attract momentum buyers and additional short covering.
- Risk Zone: Losing $3.770 could signal weakening bullish momentum.
🎯 My Trading Outlook
My short-term bias leans cautiously bullish while SNXX holds above $3.770. Another upward move is possible if buying pressure continues, but confirmation is essential.
Entry Strategy: Wait for a successful retest of $3.770 before considering a long position. Avoid chasing sudden price spikes, and define your stop-loss in advance.
#CanUSStocksReboundAfterNonfarmPayrolls? #BinanceReopensWithdrawalsForMoreAssets #AnthropicIPOValuationDoubts #HyperliquidStrategiesHolds38.52MillionHYPE #Nasdaq100FuturesRise1.4%
The latest squeeze has put bearish traders under pressure! A substantial $113,000 in short positions was liquidated around $3.770, creating an important moment for bulls to demonstrate their strength.
📊 Liquidation Breakdown
- Ticker: $SNXX
- Event: Short Liquidation
- Liquidated Value: $113,000
- Liquidation Price: $3.770
⚡ What Comes Next?
- $3.770 — Key Pivot: Buyers need to maintain price above this area.
- Bullish Trigger: A strong hold above $3.770 with rising volume could support another upward attempt.
- Upside Scenario: A breakout above nearby resistance may attract momentum buyers and additional short covering.
- Risk Zone: Losing $3.770 could signal weakening bullish momentum.
🎯 My Trading Outlook
My short-term bias leans cautiously bullish while SNXX holds above $3.770. Another upward move is possible if buying pressure continues, but confirmation is essential.
Entry Strategy: Wait for a successful retest of $3.770 before considering a long position. Avoid chasing sudden price spikes, and define your stop-loss in advance.
#CanUSStocksReboundAfterNonfarmPayrolls? #BinanceReopensWithdrawalsForMoreAssets #AnthropicIPOValuationDoubts #HyperliquidStrategiesHolds38.52MillionHYPE #Nasdaq100FuturesRise1.4%