🟱 #FIL Liquidated Short: $54.4K at $1.110
🚹 FIL Just Triggered Another Short Squeeze!
A $54.4K short liquidation at $1.110 shows leveraged sellers were caught on the upside. FIL’s derivatives market remains highly active, with futures volume substantially above spot volume and open interest around $213.8M in the latest available data.
📍 Pressure Point: $1.110
If FIL can reclaim and hold $1.11, the squeeze could extend toward the $1.15–$1.20 area. But if price gets rejected and slips back below $1.11, the move could lose momentum quickly.
⚡ Signal Desk Read:
The liquidation gives buyers a short-term momentum advantage, but confirmation above $1.11 is important. FIL has recently shown sharp flow-driven swings, so volatility can remain elevated.
đŸ”„ $54.4K shorts erased — now the question is whether FIL turns this squeeze into continuation or gives the move back.
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