$USDC : SHORT SQUEEZE INCOMING? 🚀
Open Interest surged 241% to $49.4M in just 24 hours, while 72% of traders are positioned short on $US.
After a massive 110% pump, bears are waiting for a correction. But what if $US decides to move even higher first?
With so many short positions building up, another upward move could trigger a wave of liquidations and potentially fuel an even bigger rally before the next correction.
The bears could become the fuel for the next pump! 🚀
Potential $US LONG SETUP Entry: Watch for a favorable setup Stop Loss: $0.029 Take Profit: $0.040
Could $US squeeze the shorts and surprise the market? Keep an eye on this one!
DYOR | NFA
#US #Crypto #ShortSqueeze #Altcoins #Trading
Open Interest surged 241% to $49.4M in just 24 hours, while 72% of traders are positioned short on $US.
After a massive 110% pump, bears are waiting for a correction. But what if $US decides to move even higher first?
With so many short positions building up, another upward move could trigger a wave of liquidations and potentially fuel an even bigger rally before the next correction.
The bears could become the fuel for the next pump! 🚀
Potential $US LONG SETUP Entry: Watch for a favorable setup Stop Loss: $0.029 Take Profit: $0.040
Could $US squeeze the shorts and surprise the market? Keep an eye on this one!
DYOR | NFA
#US #Crypto #ShortSqueeze #Altcoins #Trading