đš $PUMP SHORTS ARE GETTING SQUEEZED! đš
đą $143K Short Liquidated at $0.006563
Thatâs a serious warning for over-leveraged bears. With $PUMP trading around the $0.0063â$0.0065 zone, momentum has flipped sharply, while derivatives activity remains elevated.
đ„ Why this matters:
A short liquidation forces sellers to buy back their position, which can add fuel to an already-rising move. Current market data also shows significantly more short liquidations than long liquidations over the recent period.
đ My read on the next move:
Bullish above $0.00630â$0.00650 â
If buyers can establish acceptance above $0.00656, another squeeze toward $0.0068 â $0.0070 becomes possible.
â ïž But if $PUMP loses $0.00630 decisively, momentum could cool and a pullback toward $0.0060 may follow.
đŻ Signal Bias: BULLISH â but confirmation matters.
Donât chase the candle; watch how price behaves after the liquidation spike.
Not financial advice. Manage leverage and risk carefully.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF
đą $143K Short Liquidated at $0.006563
Thatâs a serious warning for over-leveraged bears. With $PUMP trading around the $0.0063â$0.0065 zone, momentum has flipped sharply, while derivatives activity remains elevated.
đ„ Why this matters:
A short liquidation forces sellers to buy back their position, which can add fuel to an already-rising move. Current market data also shows significantly more short liquidations than long liquidations over the recent period.
đ My read on the next move:
Bullish above $0.00630â$0.00650 â
If buyers can establish acceptance above $0.00656, another squeeze toward $0.0068 â $0.0070 becomes possible.
â ïž But if $PUMP loses $0.00630 decisively, momentum could cool and a pullback toward $0.0060 may follow.
đŻ Signal Bias: BULLISH â but confirmation matters.
Donât chase the candle; watch how price behaves after the liquidation spike.
Not financial advice. Manage leverage and risk carefully.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF